11/24/25 Recap

The SPY had a nice move overnight on the news Xi and Trump had a phone call. Silly stuff, but these are the pumps we get when the market is down and we’re heading into slow Thanksgiving week. Technically, we’re back over the 8 ema, but look overhead the 21 ema and the 50 day will both be tough resistance there. If we can get through those you can get super bullish again but if we reject there then this is just a series of lower highs. This is a low volume week, we’re closed Thursday, and friday is a half day so not much to be taken from today’s action as the volume isn’t exactly overwhelming.

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