what i'm looking at this week 2025.12.21 is the price right?

🌟 Welcome!

📸 The Big Picture

What a week, started off with a dump to continue the prior week’s downside, then managed to recover mid week for an essential reset to try things again this short week.

That said, we recovered what we dumped on Monday, but still couldn’t even make it past the prior week’s POC (unfinished biz above), so it remains untapped. We can certainly tap it and reject, or reject at the beginning of the week. Note the point they recovered mid week:

We spiked through the single prints, cleaning up the area and recovering, but we left a POC. untapped, just below their recovery level…keeping us in suspense on the downside. It’s unfinished business.

The way I see it:

• We could tap the VWPOC above then head downwards, potentially to tap the VPOC below (and lower), we could open upwards and continue upwards, back into our ATH territory…we’ve got a ways to go to hit the all time highs, but it’s still possible

• We could remain sideways in our lower balance area

• We could find ourselves attemping to retest the ATH area (ATH cVAL) and either accepting or rejecting. Rejecting means we’ll likely maintain the larger balance area we’ve kept since early November.

• Something else.
  
  Anything can happen, low volumes often mean float, and apparently the stats on an actual “Santa Rally” are 70% since 1950…but you know, all of those years have not been…recession adjacent. ;-)
  
  For the open and early week i’m eyeing whether or not we can hold above Friday’s high, or we head down to explore lower (before going even lower or recovering to find value in the upper neighborhood. That said, I honestly won’t be eyeing it much, as I take time, reflect, chill with the fam, and ready for the new year, personally and professionally.

📰 News This week

It’s a holiday week…no news!

Merry Christmas, Happy Hannukah, Happy Kwanzaa, and festiv(all for the rest of y’all)