Day-Trading Scenarios for ‘———————-Nov 26, 2025

Have a Happy Thanksgiving all. Early close today. We get back into business on Friday morning. The reversal continues from 11/20/25. Good level to go long is 47180 and below that 47105. Good shorting level is 47309 and 47367.

Fed Expectations: Markets are pricing in an 85% chance of a December rate cut, boosting sentiment. Rumors of potential changes at the Fed (e.g., under a Trump administration) add intrigue but haven’t derailed the rally.

Sector Highlights: Tech remains mixed—Alphabet hit a record high on reports of Meta potentially adopting Google chips by 2027, while Nvidia dipped 2.5% amid competition fears. Retail (e.g., Walmart’s strong outlook) and semiconductors (e.g., Broadcom) are supporting gains.

Global Context: Asian markets were upbeat overnight (Nikkei +1.94%), and European futures are stable, aligning with U.S. positivity. However, light holiday volume could amplify volatility.

MBA Mortgage Applications

7:00 AM ET

Durable Goods Orders

8:30 AM ET

Durable Goods Orders

8:30 AM ET

GDP

8:30 AM ET

International Trade in Goods (Advance)

8:30 AM ET

Jobless Claims

8:30 AM ET

Corporate Profits

8:30 AM ET

Retail Inventories (Advance)

8:30 AM ET

Wholesale Inventories (Advance)

8:30 AM ET

Chicago PMI

9:45 AM ET

New Home Sales

10:00 AM ET

Personal Income and Outlays

10:00 AM ET

EIA Petroleum Status Report

10:30 AM ET

3-Month Bill Announcement

11:00 AM ET

6-Week Bill Announcement

11:00 AM ET

6-Month Bill Announcement

11:00 AM ET

Survey of Business Uncertainty

11:00 AM ET

4-Week Bill Auction

11:30 AM ET

8-Week Bill Auction

11:30 AM ET

4-Month Bill Auction

11:30 AM ET

7-Yr Note Auction

11:30 AM ET

EIA Natural Gas Report

12:00 PM ET

Baker Hughes Rig Count

1:00 PM ET

Beige Book

2:00 PM ET

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

DATE: 11/26/2025

TIME: 8:44 AM

HIGH: 47250

LOW: 46401

CLOSE: 47179

PIVOT: 46943

SUPPORT: 46872

RESISTANCE: 47367

SWING MAGNITUDE: 175