Fib Slapped π The Daily Chart Report
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Todayβs Summary
Tuesday, August 5, 2025
Indices: Russell 2000 +0.60% | Dow -0.14% | S&P 500 -0.49% | Nasdaq 100 -0.73%
Sectors: 4 of the 11 sectors closed higher. Materials led, gaining +0.71%. Utilities lagged, falling -1.07%.
Commodities: Crude Oil closed lower for the fourth straight day, falling -1.70% to $65.16 per barrel. Gold rose +0.24% $3,435 per oz.
Currencies: The US Dollar Index inched higher by +0.03% to $98.76.
Crypto: Bitcoin is currently down -1.00% at $113,903. Ethereum is down -3.43% at $3,593.
Volatility: The Volatility Index rose +1.77% to 17.84.
Interest Rates: The US 10-year Treasury rose to 4.208%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Nautilus Research (@NautilusCap).
- After a strong rebound yesterday, the S&P 500 ($SPX) fell -0.5% today, opening slightly higher before finding resistance at 6,346.
- The bounce ended precisely at the 61.8% retracement of last week's decline, hence the Fibonacci statue smacking down the rebound with a baseball bat.
- Clearing this threshold would've opened the door for a full recovery. But with $SPX still below this key level, a retest of last week's lows is back on the table.
Quote of the Day
βLearn how to see. Realize that everything connects to everything else.β
- Leonardo da Vinci
Top Links
Some Bad News and Some Good News - Carson Research
Ryan Detrick offers up a few noteworthy stats to consider.
The Snapback - CappNotes
Frank Cappelleri outlines several key takeaways from recent price action.
Trends Still On, Just Catching Its Breath - The Daily Number
Grant Hawkridge looks at market breadth.
Gold Is a Trade, Not a Religion - TrendLabs
JC Parets shares his thoughts on Gold.
Baker Bros Report - The Hot Corner
Alfonso Depablos highlights several noteworthy biotech stocks currently being targeted by renowned biotech investors, the Baker Brothers.
Top Tweets