Economy | Geopolitical

Rumors of Iran progress reverse despite WH signalling a peace deal is imminent —> ES1 gaps below 2hr Kijun.

Oil (WTI) – responding up +4.5% (87.50) —> after getting within 2.50 of System target.

—-> Look for transports to retrace, along with Tech

Overbought conditions tend to deliver bearish headlines.

Trump still signalling peace progress.

Watch list

Assuming futures hold material negative:

TSLA – Micro support ~394 – if lost —> bigger support test at 373-376 Kijun convergence (2hr / Daily)

Earnings: Wed, Apr 22 —> possible entry at Kijun convergence

QQQ – Support zones —> 637 (prior highs / breakout zone) | 2hr Kijun (629)

BTC – 72-74K —> important support (Daily Kijun 72K)

Active Positions

Current Limit Orders – See HQ

UPS

Support – ~104 —> convergence of 2hr / Weekly Kijun

Last week —> profit-taking / risk reset completed. Possible position rebuild.

108 – 110 —> next profit zone.

NKE

Support – ~44.25 —> 2hr Kijun and base breakout zone.

—> firmly hold remaining 50% of Jun position, with May protection in place

Futures signal —> downside Iran outcomes are priced in.

Yet overbought conditions —> favour deeper short-term retrace.