Black Friday

Outlook 11/29: Stock futures fall Friday morning ahead of a shortened trading day that will cap a strong month for equities. Traders look to the end of a winning week and month. November trading largely centered on the postelection rally seen on the back of President-elect Donald Trump’s victory. The U.S. stock market was dark on Thursday and closes at 1 p.m. ET on Friday in observance of the Thanksgiving holiday. There are no economic data releases or corporate earnings reports of note expected on Friday. Trading is expected to be light.

ESZ24 (DEC2024): YVAH 6026 YPOC 6015 YVAL 6006 GAP 6015

/ES Plan: Last session market closed bearish (PBT 5982), and reopening remains bearish, moving within previous value, so these're the opening and initial balance options for current session:

A) If market moves above YVAH 6026 with bullish internals, buy towards GAP 6042 ATH-ETH 6053 pending and PBT 6072 magnet.

B) If market moves below YVAH 6026 with bearish internals, sell towards YPOC-GAP 6015 YVAL 6006 HVE 5995 and PBT 5982 magnet.

Note: Market opens in balance. Don't be 'too anxious'. You don’t have to be the first. Bad trades occur when you try to force things to happen. It's a short Friday, end of the week and month so traders who have losses this week or month will likely take large risks to try an end with a profit. Try to be calm and focus on the market rather than thinking about your account.

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