A.M. Look 11/26/24

Spoo will require a 6025 print to remain bid. By not printing 6125 Spoo remain vulnerable for a retreat to 5950.

Russell back and filled last night.

You could see some wiggle off today’s and tomorrow’s Economic data.

Rate wise, watching to see if the 5,10 & 30 can retest their respective 200 DMA’s. Risk spreads don’t give me a clear view.

I wouldn’t touch Bitcoin for another 10K.

MSTR sustaining below 373 opens the flood gates.

9:00am USD S&P/CS Composite-20 HPI y/y 4.7% 5.2%
USD HPI m/m 0.3% 0.3%
10:00am GBP MPC Member Pill Speaks
USD CB Consumer Confidence 111.8 108.7
USD New Home Sales 725K 738K
USD Richmond Manufacturing Index -10 -14
2:00pm USD FOMC Meeting Minutes

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