Tuesday October 21, 2025
Monday confirmed what last week built…
Structure, not momentum, is leading this market. The 6717 CRA long did its job, carrying cleanly into 6770 and locking in a full rotation that has now clawed back the entire impulse down from last Friday’s selloff.
Quite impressive to see…Every shelf from the 6540 flush through 6717 has fired, held, and reinforced control in sequence.
This market didn’t rip higher. It rebuilt. One reclaim at a time.
And it took the most convoluted path to get here.
6608 flipped to demand, 6665 trapped shorts, 6705 rebid, and 6717 confirmed the final handoff.
That’s structure doing exactly what structure it’s supposed to do.
We now sit near 6769, back inside the upper band where October 10ths breakdown began.
After a day like yesterday where ES went vertical for 80 points from (6717-6785) the key is to recognize what that means structurally. That move didn’t come from a chase, it came from compression finally releasing after a week of reclaims.
Friday’s 6693 FBD was the ignition, Monday’s 6717 reclaim was the validation, and now we’re at the point where structure and momentum meet.
This is why I harp on CRA’s so often.
The structural levels where control gets a boost matter.
The bulls got a boost yesterday.
But what’s that mean for momentum?
What’s up next?
And where’s the next opportunity lay?
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