Israel-Iran

Outlook 06/13: Stock futures tumbled early Friday after Israel launched a wave of airstrikes on Iran, pushing energy prices higher and adding another complication at a time of heightened geopolitical tensions. WTI crude oil neared $74 a barrel. Along with the moves in energy prices, the dollar also rallied and gold accelerated more than 1% amid a safe-haven bid from investors. Trump said in a separate early morning post that he is giving Iran “perhaps, a second chance” to strike a nuclear deal. “Two months ago I gave Iran a 60 day ultimatum to “make a deal.” They should have done it! Today is day 61,” he wrote. On the economic front, investors will be waiting for the preliminary June reading of the University of Michigan’s consumer sentiment report.

ESM25 (JUN2025): YVAH 6051 YPOC 6045 YVAL 6028 GAP 6048

/ES Plan: Yesterday market closed bullish, but overnight, after Israel strike, looks bearish (PBT 5870), moving below previous value, so these're the opening and initial balance options for current session:

A) If market moves remains YLOD 5987 with bullish internals/delta, buy towards YVAL 6028 HVE-SoC 6034 and GAP-YVAH-VAR 6048-51 magnets.

B) If market moves below YLOD 5987 with bearish internals/delta, sell towards HVE 5975-5946-5930 ONL 5927 HVE 5895 and PBT 5870 magnet.

Note: Overnight inventory is 100% bearish. The expected action is a counter-auction. Failure to see the counter-auction would be an indication of potential bearish trend day. VIX is rising. On these high volatility days, your first trading rule is 'manage your risk'. Regardless of how much money you could made, you do realize that you just can not manage risk on this regime. 

Market Movers

10:00 ET University of Michigan Survey June Forecast: 53.6 | Prior: 52.2 

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