While the conflicting headline signals continue, the market signals are clear.
VIX settled below 20.
QQQ closed 610, fresh recovery high.
CPI report tomorrow, on OE, with more Iran headlines possible.
UPS
Opening retrace held well above 99.50, resolving with a bullish engulfing opening 30 min candle.
After a push towards 102, issued alert for full May conversion.
Trade-off: Minimal. Trimming April leverage to reset position quality — positioning for move expansion.
Targets:
UPS was trading 115-120 before oil spike tied to Iran.
On a return of WTI towards 80, UPS should see a firm break above daily Kijun, making ~105 a 25% profit area and fresh hedging zone.
TSLA
Forming a base. Possible entry tomorrow.
Bitcoin
Holding consolation above daily Kijun.