Technical analysis by SPYder_QQQueen_Trading about Symbol SPYX on 8/13/2025

What a crazy day. We had a CPI in premarket today then we kept up and we took it past all-time highs to the top of the implied move to the top of the implied move on the next day so we close just above 6440. VIX got absolutely crushed, down 9% today destroying options betting on downside. I do believe that tomorrow we will be trading around 6440, maybe even between 6420 and 644. Thursday we have PPI and because we're in an in between day tomorrow I think we might be a little bit more flat also look at how high up that 35 EMA is within the training range (HIT GRAB THIS CHART - UNDER THE CHART NEXT TO THE 🚀)