Channel Check π The Daily Chart Report
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Todayβs Summary
Monday, October 13, 2025
Indices: Dow -1.90% | S&P 500 -2.71% | Russell 2000 -3.01% | Nasdaq 100 -3.49%
Sectors: The only sector that closed higher was Consumer Staples, inching up +0.08%. Tech lagged, dropping -4.1%.
Commodities: Crude Oil dropped -4.24% to a five-month low of $58.90 per barrel. Gold rose +0.70% to $4,004 per oz.
Currencies: The US Dollar Index dropped -0.55% to $98.85.
Crypto: Bitcoin slid -7.15% to $112,996. Ethereum tumbled -12.23% to $3,836.
Volatility: The Volatility Index surged +31.69% to 21.65.
Interest Rates: The US 10-year Treasury yield dropped to 4.059%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Aksel Kibar (@TechCharts).
- The S&P 500 ($SPX) bounced +1.6% today, recovering more than half of Friday's decline.
- It's testing the lower bounds of a five-month rising channel after breaking down on Friday. Aksel notes that failure to re-enter the channel could result in a Head & Shoulders Top.
- Price remains comfortably above a rising 200-day moving average, indicating a solid long-term uptrend. However, if this short-term topping pattern completes, the next few weeks could get messy.
The Takeaway: The S&P 500 reclaimed more than half of Fridayβs loss today, but the short-term uptrend remains damaged below 6,700.
Quote of the Day
"The best trades are usually those that feel the most uncomfortable at the time of entry."
- Richard Wyckoff
Top Links
October Monthly Option Expiration Week: S&P 500 Up 15 of the last 17 - Almanac Trader
Jeff Hirsch check on how stocks typically perform around the October opex.
The Marketβs Middle Child Problem: Mid-Caps Flash a Warning - StockCharts.com
Mike Zaccardi points out that mid-caps ($MDY) are technically worse than small-caps at the moment.
Volatility Makes a Cameo - The Daily Number
Grant Hawkridge notes that Friday was the first -2% down day in 119 trading days.
Up, Up, and Away - Bespoke
Bespoke highlights the relentless rally in precious metals.
Every Fiat Currency is Failing the Test - TrendLabs
JC Parets examines gold denominated in other global currencies.
Top Tweets