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On November 25 and 26, 2024, the E-mini S&P 500 futures ($ES_F) experienced significant upward movement, reaching a high of 6040, marking the highest point of the week. This rally was accompanied by strong performances in other indices, including the Nasdaq and Russell 2000 ($RTY), which continued their upward trajectory from the previous Friday. Analysts noted that the market was characterized by a broad-based move, with many participants previously adopting bearish positions. The session saw fluctuations, with the S&P 500 and Nasdaq engaging in a pullback pattern, while the Russell 2000 led the gains. Market participants highlighted the importance of the $IWM (iShares Russell 2000 ETF) as an indicator of market direction. The volatility index remained soft, suggesting potential for further upward movement as the week progressed.