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Trading Market Update + Recap - Possible Rally Only If....
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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🏴 DISCLAIMER 🏴 Trading is risky, and most day traders lose money. Read the full Risk Disclosure: https://daytradetowin.com/risk
*THE LINKS IN THIS DESCRIPTION ARE AFFILIATE LINKS. I DO BENEFIT FINANCIALLY WHEN YOU CLICK THESE LINKS AND SIGN UP WITH PARTNERS. THIS IS NOT FINANCIAL ADVICE. NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE. DAY TRADING IS VERY DIFFICULT, AND THE PERFORMANCE SHOWN HERE ON YOUTUBE DOES NOT PORTRAY COMMON RESULTS.
None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer to sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions.
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