Trade Plan for 6/29-7/3

Will we see fireworks or smoke?

Last week my $ES/SPX futures bias for downward chop because of a consolidation that I’d drawn in 2 weeks ago on the daily chart:

I stream my hourly charts live in Discord and took the short live very close to the top of the diamond on Monday. ✅💰. I continued shorting pops all week. 🎯🏆

I was also bearish for precious metals. As I shared with you 2 weeks ago in the front part of this note, metals were giving me warning signs that they were going lower. On 6/21 I wrote:

Here’s what I wrote in the subscriber section of the 6/21 note:

I’ve been watching 3983.9 for a while and last week it held well:

I outlined a buying area for $CL/crude oil. TBD whether that holds.

Summary of Market Action Last Week:

· The indices chopped downward last week, with $ES/SPX futures closing lower each day. $RTY/small caps futures managed to close green despite general market weakness. After being the relative strength winner 2 weeks ago, $NQ/Nasdaq futures was the relative strength loser last week.

· $GDX/gold miners lost ground with the indices and the decline in $GC/gold futures. Silver closed with an almost 11% loss.

· $CL/Crude Oil futures lost substantially on the week, but $XOP/oil equites managed to book a gain despite weakness in both the market and oil.

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 (6/29 – 7/3/26)