Trade Plan for 7/6-7/10

Is the 2 month consolidation close to over?

Last week in the front part of this note I published an $ES/SPX futures daily diamond consolidation I drew a few weeks back now:

In general, I have been buying the bottom of the diamond and selling the top. I was biased for chop to fill out the diamond last week.✅ If you follow me on Substack you saw me publish the daily diamond top and for my group I shorted live in the Discord:

The high of that day was $ES/SPX futures 7567.75 vs my 7567.25. 🎯🏆💰 I continued shorting any breaches above the diamond into Thursday when I took an amazing (if I do say so myself) short at my hourly resistance:

As of the start of this week, it looks like $ES_F is above the daily diamond resistance again, but Friday’s short session will get amalgamated into Monday’s session. 👀

My $GC/gold futures, $SI/silver futures and $GDX/gold miners precious metals levels have performed exceptionally well.

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

Summary of Market Action Last Week:

· The indices rallied impressively to start last week, but then chopped downward in the last 2 days. $ES/SPX futures was the relative strength winner. $RTY/small caps futures closed slightly red.

· $GDX/gold miners rose with $GC/gold futures, while Silver gained on the week regaining some of the previous week’s losses.

· $CL/Crude Oil futures closed slightly red, but $XOP/oil equites closed near flat, showing relative strength 2 weeks in a row.

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 (7/6 – 7/10/26)