2025.08.20 the bulls serving weak sauce, can they spice it up?

officially bearish on the daily, but anything can happen.

๐ŸŒŸ Welcome!

๐Ÿ”ข The Numbers

Above

Sheโ€™ll need to get past 23534.25 for me to consider this a bullish-ish. But it opens the door to 23618-23623.75. Sheโ€™s not truly bullish until 23680.25. above that, see our guidance from yesterday.

Below

losing 23373.5 during the session will let us take out the overnight low at 23334.25, continuing to o ur magnetic number at 23216.0. losing that opens the door for 23116.75. hopefully thereโ€™s a bounce there, or 23077.75. If the bears are feeling spicy, they could drop โ€˜em to b or lower (but iโ€™d look for a long at 22998.75)

๐Ÿ“ธ The Big Picture

This is a respectable cool off from the highs overall, and we made it, even lower than PWVAH (anticipated yesterday), and exploring last week's area. In fact overnight, in a show of "we're waning you", they spiked July's VAH and are trying to move back up, but so far, they're still weak with it. last wick was on lower volume than the pushes earlier in the overnight. But will they gain some steam during the session?

Losing July VAH during the session is definitely on the table, heading to last week's POC. It's currently magnetic.

if we continue to close below we'll see them complete the move at 23116.75, as it's not too far below once we get there.

If they can make it through, and push all the way back up to 23680, then maybe we can recover some of our higher numbers mentioned yesterday.

๐Ÿ“ฐ News

Not muchโ€ฆ

Date

Time

Description

8/20/2025

2:00:00 PM

US FOMC Minutes

Hereโ€™s to patience, learning, and profits!