Trade Plan for 6/22-6/26

Futures contract roll, New FOMC chair first meeting and a holiday shortened week

Last week I had a plan for any event. If we saw immediate upside, my plan was to sell daily resistance, which I did✅💰on both Monday and Tuesday and my levels worked quite well. If we had seen a dip in indices first, my plan was to buy support. Instead I rode the daily resistance short down and bought MAJOR weekly support. That weekly support I bought was backtested a total of 3 times, but held each time and I was long biased into the end of the week. ✅💰💰💰

So I sold the initial bounce and then bought near the lows at my “big (BIG)” weekly supports.

I also covered my $TSLA short at 380, which was the low for the week. It gave me more confidence to see both the indices and $TSLA at support at the same time.

I had a plan to buy metals at supports, which I did 🍸, but I’m not thrilled with the price action despite the bounces. I elaborate on that this week sharing what I see for the next few weeks.

My intra week $CL/Crude Oil futures levels worked extremely well for scalps in both directions. 🎯

Summary of Market Action Last Week:

· The indices bounced from the open last week, but then faded into major supports before bouncing again. Ultimately they all closed green with $RTY/small caps futures being the relative winner.

· $GDX/gold miners closed green for the week, despite precious metals losing ground. Both gold and silver could not close green even though each bounced from lows.

· $CL/Crude Oil futures reversed course once again to close the week lower, while $XOP/oil equites closed red, but close to flat.

Here’s how last week closed out:

For the week ahead (6/15 – 6/19/26)