8/25/25 Recap

The SPY is looking great now, we’re back over the 8 ema and on cruise control for now. We have a couple big events this week with PCE and Nvidia earnings, depending how they go we could very well break back down but until we actually lose that 21 ema, there is nothing to really worry about. We got the back to back days last week where we tested below that 21 and shook out the weak longs but never did we get a close below that level.

My Open Book