10/23/25 Recap
The SPY remains over the 8 ema so far, nothing new hear. We are amazingly on our 9th session all within the candle of that friday selloff 2 weeks back. This has been a resilient move so far but we’ve yet to see new highs and we need to soon or this could be problematic. Look we’re barely over the 21 ema, we’re 1 bad tweet away from dumping below it, we are just teetering on the edge right now and while things do look ok, you really have to be ontop of short term trades. I imagine next week after the megacaps report we will either move far higher or far lower and get out of this tight range we’re in but from a technical standpoint we keep holding where we’re supposed to for this bull to continue.
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