Trade Plan for 6/22-6/26

Will the FOMC 'Warsh' Out Hold as the Low?

Last week my original plan going into the week was to short a pop into my first daily resistance, but when the futures gapped above that level, the next daily resistance became my short target and we saw $ES/SPX futures top out near exactly at that level on Monday. ✅💰 Interestingly that same original level/line was also support and held on the lows Wednesday – so it was a good place to long.

The same thing happened in reverse for crude. We saw a gap below what I had labeled as my ‘overall key’ and then we saw a backtest there as the high of the week. This week I outline where I’d like to buy crude ideally in the event of a further flush OR on a recovery.

Early in the week I sold the $GDX/gold miners that I had bought on the dip 2 weeks ago.💰 I saw and outlined some signs in both $GC/gold futures and $GDX/gold miners that make me believe that both could possibly see lower and give fantastic entry for bulls. Levels are updated this week.

Summary of Market Action Last Week:

· The indices gapped up on the open last week reaching highs early in the week. The lows of the week were made after the FOMC decision on Wednesday, but then they bounced back over the rest of the short week and closed over the gap open. $NQ/Nasdaq futures was the relative strength winner.

· $GDX/gold miners also gapped up on Monday and held green for the week, but lower than the start on Monday. Silver lost ground on the week despite strength in indices, but gold held just over flat.

· $CL/Crude Oil futures gapped down and closed substantially lower dragging down $XOP/oil equites.

Here’s how last week closed out:

I broadcast charts with weekly and daily levels 23/5 on Discord while futures are open. I give commentary and positioning during market hours.

For the week ahead (6/22 – 6/26/26)