S&P500 awaits Trade Balance and Jobless Claims figures

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Trump Tightens Immigration: Bans people from 12 countries, limits entry from 7 more, and blocks foreign students from attending Harvard.

Russia-Ukraine Tensions: Putin plans to strike back after a Ukrainian drone attack. Trump says Russia’s allies won’t profit from rebuilding Ukraine.

UK Housing Boom: Home sales rose 6% in May, the strongest in 3+ years, despite the end of a buyer tax break.

Germany & U.S.: German politician Friedrich Merz meets Trump today. At home, Germany faces rising public concern about tough economic times.

ECB Rate Cut Likely: The European Central Bank is expected to cut rates by 0.25% to 2%, but may slow further cuts soon.

Key Support and Resistance Levels

Key trading leel is at: 6000

Resistance Level 1: 6090

Resistance Level 2: 6140

Resistance Level 3: 6200

Support Level 1: 5900

Support Level 2: 5845

Support Level 3: 5800

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