Market Update – August 21, 2025
Note: I got some feedback on Tuesday’s video that the volume was a bit low. I’ve tried to remedy that today. Please feel free to hit this button and share any issues with sound or quality as I work to squash any bugs with the recording software.
Also, pro tip — Click the three vertical dots button in the lower right-hand corner to select a 1.25x playback speed.😉
Many thanks.
Markets chopped sideways again today as PMI data weighed early and traders stayed cautious ahead of tomorrow’s Jackson Hole speech. Despite hammer candle patterns showing up everywhere on Wednesday, many failed to confirm a meaningful reversal. A few sectors—like housing—got some late-day strength to ease the selling, but broad conviction is lacking.
In this update, I’ll walk through the major indices, some key setups that confirmed (and many that didn’t), and highlight the levels I’m watching heading into Powell’s 10 a.m. appearance. This is still a low-conviction environment, but that could change quickly.
Be ready.
Thanks for Watching
If you’ve found these Market Updates useful, here’s how you can help keep them coming — consider a paid subscription:
All posts remain public. No locked content. Just charts, signals, and steady updates to help you navigate markets with confidence.
Looking For More?
Elevate Your Trading Adventure Even Further With These Offerings.
EpicTrades Options Newsletter
Real-time trade ideas and insights, providing actionable trading insights focusing on options trades with short-term horizons, aiming to capitalize on weekly market movements.
The approach includes detailed reasoning for trades, specific options, and profit targets, focusing on quick gains with less time commitment required from subscribers.
The Inner Circle
The Inner Circle is a Virtual Trading Floor (VTF) at T3 Live. It’s the group I’ve been working and trading with since 2022. You may have noticed the logo in the watermarks on my charts.
Founded by David Prince and led by him, Rick March, and Kira Turner, the Inner Circle is a community of elite traders, including hedge fund managers, family office heads, corporate executives, financial advisors, and even professional poker players.
Fundamental, Macro, and Technical Analysis all combine to find and discuss the best opportunities in current markets.
The Disclosures
***This is NOT financial advice. This is NOT a recommendation to buy, sell, or trade any security. The content presented here is intended for educational purposes only.
Share this post