Week of June 16

SPX at 6000 prices in very few risks.

Recap of last week

Last week we took two trades. IWM calls, which didnt work and cut for a 10% loss. Then on Thursday, we shorted ES 6044 (JUNE Contract, not September) which was a huge swing top right before Israel attacked Iran.

All experienced traders know, the tape always show weakness before the actual headlines hit the wires. Market looked ready to dump to me on Wednesday evening, even though Israel didnt attack until Friday. Somebody always knows. That was before a 120 point selloff in 24 hours. Probably more to come.

Next move for markets