11/5/25 Recap

The SPY was down big overnight as South Korea’s markets were down 6% and crypto was getting hit hard. This morning President Trump spoke and said the market would see new highs and later said the Government shutdown was hopefully ending soon. It’s uncanny how he always saves the markets in the perfect spots, we were below the 21 ema overnight and now we’re on the cusp of reclaiming the 8 ema. For the time being we were saved right where the market needed to sustain its uptrend and we live to fight another day. Bulls would like to see us get over that 8 day and not be sandwiched between the 8 and 21.

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