Thanksgiving NQ Levels

Nasdaq-100 E-mini futures are trading near 25,318 this morning, showing a modest rise driven by growing optimism about a potential Federal Reserve rate cut in December. This momentum follows renewed strength in major tech names—especially AI-linked stocks—which has helped lift the broader Nasdaq Composite over the past several sessions. With expectations of lower rates, dovish Fed signals, and improving confidence in growth and tech sectors, the near-term outlook points toward continued upside or steady consolidation at current levels. However, gains may be capped if enthusiasm around AI fades or if upcoming economic data weakens the argument for rate easing.
Happy Thanksgiving to you all
Gobble, gobble!!