Technical analysis by mommymiles about Symbol SPYX on 7/25/2025

mommymiles

After that crazy April 2025 crash, it feels like we should not be this high so fast... that's how I felt before too. But the rising channel is holding up right now. We are approaching the top. In previous times, the market grinded even higher (COVID pandemic was the last example). Today we squeezed out new ATHs. The month ends next week and a new one begins. Less fear; more charts for the rest of the year. See you in August!methodical sell off7/28. EOD bounce.broke that up channel. this morning's gap up failed it. sell off. we name a new ATH... note that. <6334, 6300 >6336, 6370-6380. fail to get back at 6380 if we gap up for some reason... back down.FOMC gave good levels. a fake out hi, a bottom at end of meeting. day after we took both out.