6/25/26 Recap

The SPY got the big gap up overnight following the monster print from Micron but it completely faded the move and as you can see right now, we are right back into no man’s land with us sitting ontop of the 50 day, again. Typically, multiple tests lead to a failure but everyone seems to be the camp Donald wants this market at all time highs into the big 250th birthday celebration of the country next week. I would say just keep your eye on this 50 day moving average, everything else is noise. 733.74 is the level right now. The chart looks like a series of lower highs, that isn’t bullish but it can be invalidated with a swift move up and this suddenly becomes a double bottom with the 6/10 lows. You can’t really say much on direction because we’re clearly in a downtrend, 3 sessions under the 21 ema, but the 50 day below keeps holding so until we lose the 50 or reclaim the 21 overhead, we’re just in purgatory. The megacaps are really weighing on this market, they’re mostly all negative on the year and nearly 40% of the market, imagine where we’d be if they contributed anything at this point. The massive capex is leading to big gains for all the suppliers and a big drag on the biggest companies in our market.

Changes To The Database

I moved the AI Analysis and flow signals to the top of the page because it was under the daily table and alot of people were missing it. Both are collapsable for those who don’t want to see them.

If you do want to see them, just right the arrow on the far right and you’ll see all the structured trades, novel tickers, and weeklies that I’ve logged in the session. Again this keeps getting updated all day long even after this is sent out. So you can check back at the close and it would have the full day’s action. Same goes for the AI analysis which is just a summary of the day’s action.

My Open Book

Trades I Made Today