Day-Trading Scenarios for Dec 4, 2025

Jobs Data Boosts Rate Cut Odds: Wednesday's ADP report revealed weaker-than-expected private hiring, while Thursday's initial jobless claims plunged to 191,000 (vs. 220,000 forecast), signaling labor market resilience without overheating. This mix has lifted December Fed cut probability to ~90%, providing a supportive backdrop but tempering aggressive risk-taking.

A bit overbought. Let's buy pullbacks to support:

First support is 47901

Second is 47818

MBA Mortgage Applications

7:00 AM ET

ADP Employment Report

8:15 AM ET

Import and Export Prices

8:30 AM ET

Industrial Production

9:15 AM ET

PMI Composite Final

9:45 AM ET

ISM Services Index

10:00 AM ET

EIA Petroleum Status Report

10:30 AM ET

Treasury Buyback Announcement

11:00 AM ET

Treasury Buyback Announcement (Preliminary)

11:00 AM ET

4-Month Bill Auction

11:30 AM ET

Treasury Buyback Results

2:00 PM ET

<<<<<<<<<<<<<<<<<<<<<<<<<<<

DATE: 12/4/2025

TIME: 9:25 AM

HIGH: 48081

LOW: 47428

CLOSE: 47954

PIVOT: 47821

SUPPORT: 47775

RESISTANCE: 48124

SWING MAGNITUDE: 231