Traders brace for market shock with 50% plunge on the table if resistance fails

I'm seeing 2 possible scenarios here…

1) Melt-up and fall 50%
2) Skip the 'melt-up' part

Luckily, we have this chart, so we'll know when we see how price reacts at the resistance line. Bullish until it's not… pic.twitter.com/pmyXEsXH6M

— Northstar (@NorthstarCharts) July 22, 2025

Bloomberg

US CONTAINER VOLUMES FALL TWO MONTHS RUNNING

Private data shows that the number of shipping containers carrying U.S. imports declined for the second consecutive month, signaling one of the steepest year-over-year reversals ever recorded. In June, container volumes…

— First Squawk (@FirstSquawk) July 21, 2025