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- 2025.08.27 -- eyeing the highs again
2025.08.27 -- eyeing the highs again
We're in the neighborhood of the all time highs again, but may have to wait before we can head upward...
n qracky
August 27, 2025 • Estimated Reading Time: 3 minutes
🌟 Welcome!
🔢 The Numbers
Above if they can crack 23618 then it’s 23623.75, and, maybe last week’s high at 23650.25. if they can break that, then we’re back into All Time High territory, starting with 23748 to begin a serious push. | Below lose our round number 23600, then we’re gonna retest 23587. lose it, and it’s our signal that we’re consolidating still, so look and see if they bounce at 23568, or fall through to 23551. If they can’t hold this, it becomes more clear that we’re headed back down the balance, to 23471, via 23542.5. |
📸 The Big Picture
Bullish consolidation. That’s it. we have a ways to go to get into our ATH territory, so we may need to consolidate before a trip upwards. More below.
They worked it yesterday…small initial balance area…waffling..then with the strong finish, the sneaky scoundrels. They finally cracked PWVAH again, and retested the failed monday level, overnight. I said 'first time best time', and they'd have more trouble defending do wnwrd if they make it up here again, and they're here again...but they pushed it here end of session, apparently hoping overnight to get more pump. But they did not get that.
Start of the night session, they popped, signalling intent...but they tapped and rejected at our prior ATH's 2,3 sig lo, which is where we'll need to start closing candles above for me to consider our current situation bullish.
They haven’t cracked it again yet, but they are still hanging around the highs, were above yesterday's spike (update, they dropped, by the time of this publishing, but trying to recover PDVAH) That, on its face is bullish, until its not. lose the spike, hang out there below longer, and we can see a visit back to our spike end, which corresponds to a poor low made yesterday. Poor lows are often revisited, and today may not be its time, but we'll be keeping an eye on it. There is a lot of room between Friday’s high (our recent high), and the value area low of our all time high area, so we might need to consolidate a little more in this area, so I wouldn’t be surprise if we dip again today. But given we’re still hovering at the highs, I know overall she wants higher, so I wouldn’t be surprised if we try to rocket today, tomorrow, or even for a repeat on Friday.
📰 News
No news today. This may be a good time to goose the tape. ;-)
Here’s to patience, learning, and profits!
