5d (edited) • Daily Market Review
📈 Market Recap – September 23, 2025
🔍 5 & 15-Minute Chart Analysis
The market opened at all-time highs, consolidating in a 50-point range between $25,025–$24,975.
Selling showed up immediately on the 15-minute candle, breaking 24,975 and dropping to 24,933—a 70-point slide. From 8:00–10:15 a.m., price chopped sideways with three failed pushes higher. The 8 SMA rejected each attempt, and by 11:15 sellers broke the low again, driving price to 24,790.
That level held until 1:15 p.m., when buyers pushed back toward the 20 SMA.
On the 5-minute, price rejected off the 20 SMA at 10:50, broke below the 8, retested the daily low, and sold off. From 24,950, we saw 11 consecutive red bars before support finally formed at 24,700. A textbook power-trend decline.
⏱️ 2-Minute Chart Analysis
The 2-minute chart showed sharp structure. At 7:36 a.m., price tested the ORB high at 25,010, then dropped 60 points in 10 minutes to 24,950.
After a weak bounce, price rolled over again, bottoming at 24,936. From there, it consolidated in a tight 30-point range (24,936–24,965). The inability to reclaim the 8 SMA was a clear signal that strength just wasn’t there for longs.
🎯 Trade Review
My plan: look for longs on pullbacks. Here’s how it played out:
- ✅ First Long (7:34–7:35) – Entered early, but moved my stop up right away. Trade failed, small loss.
- ❌ Second Long (24,950) – Stopped out by a tick. Frustrating, but kept risk tight.
- ⚠️ Third Long (re-entry) – Entered too high. Stops managed fine, but better shorts off the 20 SMA were ignored.
- 🚀 Final Long (8:05 double-bottom) – Could have been the best trade. I recongnized the consolidation and got in at the low, but only Caught the start and end of the move, missed the middle.
After consolidation returned, I called it a day early—choosing family time 👨👧👦 over forcing trades.
💡 Lessons & Takeaways
- 🎯 Don’t get stuck on bias. Long-only thinking caused me to miss clean short setups.
- 🛡️ Risk management works. Tight stops kept losses small, even on failed trades.
- 🔄 Structure matters. Double-bottoms delivered again—simple but reliable.
- ⚖️ Trading = freedom. Logging off early reminded me why I trade: more time with my kids.
👉 Overall, a day that tested patience and discipline. Not perfect execution, but solid lessons for the next session.
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📈 Market Recap – September 23, 2025
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