Trading Market Update + Recap - Possible Rally Only If....

11 hours ago
6

Weekly Market Recap – We begin with a daily chart overview, key support/resistance levels, and the recent test of major lows. As swing traders, we look at how the market reacts to previous structure and what it may signal heading into the end-of-year “Santa Claus Rally.”
In today’s session, we review this week’s E-mini S&P 500 price action and prepare for next week — Thanksgiving week, a historically lower-volume, holiday-type trading environment.

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📊 Topics Covered

Holiday-week market behavior (Thanksgiving week prep)
E-mini S&P 500 daily chart analysis
Major support & resistance levels
Swing-trade expectations into year-end
Santa Claus rally potential
ATR at ~140 points and why that matters
How large-range days create strong trending opportunities
Sonic System examples (default settings)
Avoiding chop on tight-range days

CHAPTERS:
00:00 - E-mini S&P Futures Trading
00:41 - Santa Claus Rally Explained
03:03 - Average True Range (ATR) Indicator
05:53 - How to Learn Trading Strategies

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