Economy | Geopolitical
Oil (WTI) ~96.75 — controlled pullback into Trump-Xi Summit
Iran negotiations remain primary volatility driver
TSLA —> higher low (430) / higher high
QQQ — full reversal off 695 CPI reaction zone to new high
Upside breakout —> measured move suggests ~735 next target
1st level support — ~710
15 min chart:
Calendar
Trump-Xi Summit
Clarity Act vote tomorrow morning —> BTC Kijun convergence (see below)
Position updates | Trades
NKE
Repeat marginal new low with green doji —> potentially bullish retest
May hedge remains active at major inflection point —> trigger below 41
Daily chart:
Execution Plan —> break below 41 monetize May hedge
TSLA
Bullish structure remains intact
1st level support —> ~437
Daily chart:
Execution Plan —> hold covered
—> allow position monetization to play out
JPM
Retrace from yesterdays reversal |Kijun test —> gap to below Kumo support
Key zone —> ~300–303
Daily chart:
Execution plan —> hold
Watch list | Notables
BTC
Weekly Kijun dips below 79K forming major convergence — 78-79K —> Senate vote tomorrow 10:30am on Clarity Act
BTC Daily chart
SMCI
Continued volatility —> possible Kijun test (~30)
LULU
Posted in Incubator
Mean reversion —> June 4 earnings
System trigger —> ~120
System Insight
CPI reaction zone —> example of combining macro event catalyst + market structure
Other times —> identify stock reaction zones first —> then look to catalyst roadmap for clues on timing.