🚪Early Doorbell Rings:
PTGDavid kicked off Cycle Day 2 with a warning klaxon: 6000–6005 support was breached, and bulls “slipped on the soap” overnight. The bullish case was hanging by a thread—reclaiming 6000 was mission critical. Spoiler alert: The bulls did reclaim it… with style.
🧭 Key Links for Navigation:
🔁 The Rollover Rundown:
David reminded everyone that rollover for equity futures typically hits Monday before the third Friday—so get ready to pivot contracts this coming Monday (June 16).
🏋️♂️ Market Musings and Trade Calls:
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6000 Reclaimed ➤ Confidence restored. Discount long from 6020 called out.
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“Line in the Sand”: Drawn at 6025.
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✅ Target tagged “to the tick” at 6045… then again at 6050.
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🎯 Play of the Day: Discount Long from 6020 to 6050. Just gorgeous.
🧠 Trading Psychology Pep Talk:
“If you miss a valid trade, don’t beat yourself up. Be your own coach. Would you yell at a 12-year-old rookie? Or teach and encourage?”
The vibe: Less self-blame, more structured learning.
🌸 Meanwhile, in the Garden…
David took a moment to appreciate a blooming wisteria vine—a reminder that trading isn’t just about candles and contracts.
📷 Wisteria in Bloom
🍽️ Lunch Vibes & Market Digest:
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Bulls stayed in control post-lunch within the 6030–6050 sandbox.
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MOC Sell Imbalance: $1.7B triggered a sniff test… David detected a rat.
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Supply cleaned up fast, courtesy of the “Bounty” bulls.
📷 Lunch Break Market Mood
📷 Back From Lunch & Still Bullish
📈 End of Day Victory Lap:
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Despite afternoon indigestion fears, bulls closed strong at the day’s highs.
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PTGDavid confirmed: Further bullish expansion on deck for Fryday.
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The playbook? Long lean structure held all day, validated step by step.
💡 Daily Trader Takeaways:
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📌 Support ≠ Forever: Once broken, it becomes resistance. Know your zones.
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📌 “Discount Longs” = High Probability Entries: Buy dips in an uptrend aligned with structure.
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📌 Midday Monitoring Matters: Know when to trade and when to digest—literally and figuratively.
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📌 Be Kind to Your Inner Trader: If you miss a trade, coach yourself forward—not into a corner.
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📌 Watch for MOC Imbalances: A $1.7B sell imbalance can move the tape—be ready.
Final Word:
Today was a masterclass in structure-based trading with emotional resilience on full display.
Reclaim, rally, rinse, repeat.
🔥 Until Fryday… Let the bulls run.