7/25/25 Recap

The SPY is on easy mode right now, there is no other word for this, the market is up 6% this month and just drifting up everyday without a hiccup. Surely, it won’t be this easy forever but we’re riding the trend and until otherwise noted, the chart below continues to show a smooth ride up above the 8 ema. There’s really nothing to even discuss because we’re not even testing breaking the 8 day, we did once in the last 23 sessions, do you realize how insane that is? We’re not even sniffing any sort of minor breakdown for over a month. Next week the remaining megacaps ex NVDA report and we will have to see what charts are showing after that.

My Open Book

Trades I Added Today