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- 2025.07.23 market has been chilling...for now
2025.07.23 market has been chilling...for now
A move is always coming...
n qracky
July 23, 2025 • Estimated Reading Time: 3 minutes
🌟 Welcome!
You may notice the name “entry target stop” scattered about…that is the name of a site i’ve been building for trade journaling. Let me know if you’re interested and I’ll let you in. I’m also considering shifting over the overall name to match this name, that, incidentally, I had started with
🔢 The Numbers
Above if they can keep it above 23297.25, we’ll be able to revisit 23394.75. If they don’t sell it off from around that area, we’ll be able to reach 23466 and 23546. | Below if they lose 23253.25 during the open (likely if they don’t rush away out of this area soon), we’ll be able to hit 23216 and possibly 23208.5. losing b and it’s 23132.25, and they might lose previous week value area high at 23096 to fill the gap at 23067. I’ve still been waiting on 22993.75 as a larger long opportunity, but you know how they do, i start to get tired of wanting it and may miss it. |
📸 The Big Picture
They’re bullish, still grinding upward, on pretty low volume (which tends to happen on low volume) Are they waiting to dump it or nah? We don’t know, but here’s what I see…
I’m still looking for pullback longs, for the most part, depending on how they’re getting there… it’s always more tricky at these highs, as they can certainly continue to push higher, but if there was a zone to short i’m lookg at the 23394.75 attempt, and really as far as options $QQQ ( ▼ 0.32% ) puts somewhere starting 23349 also look palatable. that is if they can push it past 23297.25. It’s wednesday, and they have not made it significantly past last week’s value area, so it also may make sense to play the balance. I’ll be there at 3 sig hi, as well for a scalp, because it’s the top of our currently multi day balance area. For me this is a “pew pew pew” scalping environment. in and out. :)
OK i have guests in town this week and need to get to continuing to help prep the house…you know how that goes…right? 🙂
đź“° News
Date | Time | Description |
|---|---|---|
7/23/2025 | 10:00:00 AM | Existing Home Sales |
Here’s to patience, learning, and profits!
