This Briefing, including any position ideas, is for illustrative and educational purposes only
1. Market Environment
Oil (WTI) -5% on latest claims of Iran progress
SPCX offers ~25% run off yesterday early low
NUGT strong on miners’ outperformance vs gold
2. Calendar
3. Market Signals
QQQ
Gap above Kijun —> back inside diamond to upper channel, with close above Kumo top
Resistance zone ~730–735 (Kijun)
Support ~725 (diamond boundary)
Daily chart:
SMH
Strong move through System ~553 resistance into air pocket
Kijun resistance ~580–595
Daily chart:
BTC
Hovering around Kijun.
~64000 remains key pivot zone
4. Active Positions
NUGT | GLD
XAU continues to ‘fan out’ in bullish form — series of down trends broken to upside
AEM led miners up over 4% at one point —> NUGT responded with fresh ~30 day high
System trigger — >AEM hit upper Daily B band — disciplined 50% profits on NUGT
Execution Plan —> hold remaining NUGT — vs AEM AUG 14 hedge
—> possible scale back up
NUGT target: ~130–150
XAU Daily chart:
LULU
Consolidation day —> holding inside Daily Kumo
Support |Resistance zone shifts to ~117 –121–124.50
Execution Plan —> holding common | Sep 140Cs | Aug hedge
Medium term target ~140
Daily chart:
5. Incubation
COST
SPCX
If you took trade —> strong 20%+ squeeze into ER print — strong close signal to take profits into print
Daily chart:
System Insight
Despite volatile geopolitical and AI headlines, price structure (Kijun | trend lines) continues to lead way.