October 28, 2025

 



Good Tuesday morning,




BLAST OFF!! What seemed like an impossible feat was accomplished by the bulls with relatively little ease on Monday! The markets ripped up again, the bears got destroyed, and new record-setting, all-time highs have been hit once again, making this #34 for 2025. Not too bad considering we are up almost +50% from the April lows, and + 25% gains each year for the past two years. This is stuff movies are made of, so get ready for another blockbuster! And yes, futures are up again today!





📊 In the profile pic and key levels, futures are higher on another gap over the prior day's high. That is the first key level for today at 6,912. As long as price stays over this level, then the bulls remain in control, so look for overnight highs and upper targets. If sellers take price below 6,912, then look for the POC at 6,908.25, then the overnight low and bottom of the spike at 6,899.50, then lower targets.


Futures are currently trading at 6,917 at the time of this writing.




🧭 VPOC Update: Yep, add another one to the list below! The market has put in another new VPOC yesterday at 6,830, so we now have 9 below with none above!




Current VPOCs:



  • 6,830.00
  • 6,774.50
  • 6,562.25
  • 6,529.00
  • 6,502.50
  • 6,450.00
  • 6,396.50
  • 6,373.25
  • 6,310.00



 

TARGETS AND KEY LEVELS TO WATCH:




/ES upside target is: 6,940 - 6,950


Key Levels: 6,912 Prior High



downside target is: 6,890 - 6,880




/NQ upside target is: 26,150 - 26,200


Key Level: 25,981.50 Prior High


downside target is: 25,860- 25,810




/RTY upside target is: 2,540 - 2,550



downside target is: 2,510 - 2,500




Economic Data: Very Light



Case-Shiller Home Price Index @ 9:00 AM ET



Consumer Confidence @ 10:00 AM ET





More Color By: Rich Rickus



Same levels for me as yesterday. I don't want to play short unless price is back below /ES $6800





1. /ES - Key Demand $6820-6810 then at with Supply above at $6890


Bullish: Sellers trapped above 6810 looking to play a break and retest above $6820 long targeting $6845 then $6890



Bearish Buyers trapped below $6800 looking to play short after a break and retest below $6790 targeting $6768, a break down into $6740


2. SPY Key demand at $673-674 and with Supply above at $683


Bullish Sellers trapped above $674 looking to play a break and retest from $675 long targeting $677, then a breakout into the high $678



Bearish Buyers trapped below $673 after a break and retest below $672,, targeting $669 then a breakdown into $667




3. /NQ Key demand at $25700 then with Supply above at $25394-25400



Bullish Sellers trapped above $25100 looking to play a break and retest above $25120 long targeting $25250 then a breakout back into low $25300’s


Bearish Buyers trapped below $25100 looking to play short from below $25050 targeting $24900 then $24850


4. QQQ Key Demand at $608 - 607 with Supply at $613


Bullish Sellers trapped above $607 looking to play a break and retest from $608 targeting $611,the then a breakout into high $613


Bearish Buyers trapped below $607 looking to play a break and retest below $606, targeting $604, then $602




5. MU - Key Demand at $200-201 with Supply above at $205


Bullish - Sellers trapped above $205 after a break and retest from $206, looking to play LONG targeting $210, then a breakout into $212s-214


Bearish - Buyers trapped below $204 after a break and retest from $203 to play short targeting $201, then breakdown into $199



Have a great day!




 
 

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