Chart of the Day - Friday, August 22, 2025

🏆 Today's Chart of the Day was shared by Ian McMillan (@the_chart_life).
 

• After drifting lower every day this week, the S&P 500 made it all back on Friday, closing positive for the week by +0.26%. It missed a record daily close by just -0.02%, but still printed a record weekly close.
   
• Ian notes the broader indices confirmed the bull market in a big way on Friday, with the Dow ($DJIA), Equal-Weight S&P 500 ($RSP), and Micro-Cap ETF ($IWC) all printing new highs.
   
• The Dow notched its first record high of the year, with a clean breakout above 45k. The Equal-Weight S&P 500 ($RSP) made its second record high of the year, signaling healthy participation. Lastly, the Micro-Cap ETF ($IWC) made a three-year high, as smaller stocks continue to squeeze.
   

The Takeaway: After drifting lower all week, the market made it all back on Friday, with the broadest indices leading the charge and confirming the advance.