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- 2025-06-08 what i'm looking at this week.
2025-06-08 what i'm looking at this week.
we're either falling off the cliff, or continuing our climb.

🌟 Welcome!
What a week. Green, with some whipsawing along the way. Could not tell whether or not it was a shakeout operation or uncertainty, but given our close, we have a little more clarity on the truth, and will give a little color below.
🔢 The Numbers
Numbers of the week of importance:
Above above 21801, they want to recapture 21857, 21915.5, and make it to 21979, for starters. If they’re continuing upwards, I wouldn’t be surprised to see new all time highs in June. that said, it might be time for a cool off… | Below inside 21801, if 21765.5 doesn’t provide a bounce, 21711.5 then 21675.25 should offer some support. If they aggressively dip it below then, then i’m expecting some lower numbers, perhaps longer term, but given the channel/balance, some support around the 21570-60 range. |
📸 The Big Picture
Overall Prognosis: Bullish until it's not
They narrowly closed above the very top of last weeks' previous value area.

This means two things:
They either wanted to signal they want higher, or, given they barely did the deed, they've ran out of juice, look out below. I was there for the close, and it was a battle. In my estimation, they are uncertain. I would use caution being immediately bullish this week, unless we see a gap up at the open, with continuation during the session.
That said, the weekly close was green, our value area has moved up, nonetheless, and overall, the trend is bullish, still aiming for the former all time highs. Dips have been bought at nearly every turn, but the grind is, for lack of a better word, weird. as they are creeping upwards while repsecting some of our major balance areas, but pattern wise, they're in channel mode, not balance mode. What does that mean?
The 5/29 rejection was significant, but we find ourselves back in the area, via a "consolidatingly higher" grind...this indeed could mean she wants to bust through the previous breakdown area for a continuation.
Our Sunday open may give us clues, either way.
📰 News
We got some tape movers…let’s see what she does
Date | Time | Description |
|---|---|---|
6/11/2025 | 8:30:00 AM | US Core Inflation Rate YoY |
6/11/2025 | 8:30:00 AM | US Core Inflation Rate MoM |
6/11/2025 | 8:30:00 AM | US Inflation Rate YoY |
6/11/2025 | 8:30:00 AM | US Inflation Rate MoM |
6/12/2025 | 8:30:00 AM | US PPI MoM |
6/13/2025 | 10:00:00 AM | US Michigan Consumer Sentiment Prel |
Here’s to patience, learning, and profits!