


LegendSince
PremiumWeekly Targets: ES: 6,246.25 NQ: 22,781.25 YM: 44,428
Weekly Targets: DXY: 98.138 - 98.261 GBPUSD: 1.34148 - 1.33606 EURUSD: 1.14463
Weekly Targets: US10Y: 4.445% - 4.477% T-Bond: 112.18 - 112.12 - 111.25
Key Price Zones (DXY): 97.422 - 97.685 🟦 DXY (Dollar Index): On paper, USD had a strong week: 🔹 Durable Goods smashed expectations (+8.6% vs 0.5%) 🔹 PMIs, GDP Price Index, and Jobless Claims came in solid But the market ignored it: 🔻 Consumer Confidence disappointed (93.0 vs 99.4) 🏠 New Home Sales missed 🕊️ Fed Chair Powell stayed soft — no aggressive...
Weekly Target: 4.432% - 4.412% - Yield drifted down to ~4.23% despite strong data. - Market still pricing in rate cuts later this year. - Divergence: Durable Goods, GDP, and PMI were solid — but yields faded → risk-on demand + safe haven unwind.
📈 S&P 500, Nasdaq & Dow Jones – All-Time Highs, But Caution Creeping In 🟩 S&P 500 | Nasdaq | Dow Jones All three indices hit new all-time highs to close out June. Powered by: 🔋 AI optimism 💰 Solid earnings 🕊️ Dovish Fed tone and falling bond yields SPX continued its breakout run Nasdaq surged as big tech led the charge Dow followed with slower but...
S&P 500 / ESU2025 Key drivers: Rebounding from April’s tariff-induced lows, boosted by optimism around U.S.–China trade, easing geopolitical tensions, and Fed rate‑cut expectations Market breadth strengthened as sectors beyond mega-cap tech—especially financials and industrials—joined the rally Nasdaq / NQU2025 Catalysts: Continued leadership from...
Dollar Index: Dollar Index declined further, hovering near 97.0–96.9 — its weakest level since February 2022. Key Driver: Markets digested a slightly hotter US core PCE inflation report (+2.3% YoY for May), paired with weak personal spending, reinforcing expectations that the Federal Reserve might pivot to rate cuts later this year. GBPUSD: The pound...
US 10‑Year Treasury Yield (US10Y) The 10‑year yield ended last Friday (June 27, 2025) at 4.27% After peaking above 4.46% mid‑week, yields eased late‑week as markets increasingly priced in potential Fed rate cuts—a 25 bp move in July was seen at 22.7% probability, up from ~14% This dovish shift, alongside a softer May PCE print, supported a lull in yield...
Coinbase’s acquisition of crypto options giant Deribit for $2.9 billion signals a bold move to dominate derivatives markets. Despite mixed investor reactions, the deal positions Coinbase as a key player in institutional crypto trading.
Gold prices soared 2.61% to $3,325.39 as investors flocked to safe havens ahead of the Fed’s rate decision and Trump’s 100% tariffs on foreign films, igniting fears of a global trade war escalation
EUR/USD stabilised near 1.1275 amid mixed signals: the ECB’s rate-cut bets (driven by Eurozone inflation at 2.2%)* vs. the Fed’s "higher-for-longer" stance. Traders await U.S. jobless claims and German industrial data to break the stalemate.
The BoE cut rates by 25 bps to 4.25% with a rare split vote (7-2), while the Fed held rates steady at 4.50%, amplifying policy divergence. GBP/USD fluctuated between 1.32121 and 1.34028 closing at 1.33034 as traders weighed UK GDP upgrades against Fed inflation warnings.
Despite Disney’s heroics, the Dow closed the week at $41,376 (-0.20%), weighed by Fed Chair Powell’s warning that tariffs could spike inflation and unemployment. Barclays’ “mild recession” forecast added pressure, while utilities (XLU +6.9% YTD) emerged as safe havens.
As Bitcoin surged to $104,350 (up 9.5% weekly), retail traders pivoted to crypto, leaving Nasdaq’s momentum muted despite Lyft’s 21% pop on buyback news . Going forward, I will be interested to see if Nasdaq is lagging behind Bitcoin and we can see bullish price action up into premium PD arrays.
The index swung wildly as Trump’s 145% China tariffs and hints of an 80% reduction collided with Fed Chair Powell’s cautious stance on rates. Despite a midweek rally, the S&P 500 ( NYSE:ES ) closed the week down 0.46% at $5,684 reflecting investor paralysis ahead of U.S.- China trade talks.
Dollar Index fell to 97.921, its lowest since April 2025, as Trump’s aggressive tariffs on critical minerals and China trade retaliation spooked investors. Analysts warn the dollar’s status as a reserve currency is under threat, with foreign holdings of U.S. assets declining sharply. However in the short-term, dollar might see appreciation up into premium PD...
Technical ratings turned Strong Sell as open interest dropped to 1.80M contracts this week signalling bearish momentum. Hedge funds unwound basis trades, triggering forced selling and margin calls.