Market Report for Nov 24 2022

S&P 500 and Nasdaq Daily Charts

Stocks and Commodities Price And Percent Changes

Thin volume levels on Wednesday in the NYSE ahead of Thanksgiving but that still saw the price break above its local resistance and attempt to continue the journey towards the DVI. Nasdaq Composite had a little more volume than the prior day but is somewhat further from tangling with its local resistance.

All the major averages did manage a positive day pre-Thansgiving which is what we were expecting. What will be more interesting now is post-Thanksgiving reaction.

Let’s go trade!