Believe the hype?
Plot twist in the Iran saga: weekend threats from Washington morphed into Monday’s ceasefire faster than you can say “market manipulation.”
Trump’s playing hot and cold with traders again. After Saturday’s 48-hour ultimatum sent shivers down the market’s spine, investors are now buzzing about a potential deal “by week’s end.”
Did the 30-year Treasury yield breaking above 5% and falling stock indices hit a nerve? Could this be another tariff-style about-face where market pressure forces Trump’s hand?
One thing’s certain: Trump just pulled a 180 on threatening Iranian energy infrastructure, and markets have found their new hopium — a 5-day ceasefire announced this morning.
The retrospective
Buyers started the day optimistic, trying to push above the daily pivot point[1] but hit a wall. Short sellers counterattacked toward the symbolic 46,000-point threshold and scored[2]. In the afternoon, sellers kept pressing, reaching for the daily Support 2 level[3].
Today's trading plan
Short sellers remain in control but have taken some profits at the monthly S4 middle band, allowing the market to bounce.
Despite the selling strength, bears are staying cautious while bulls remain oddly optimistic — suggesting more downside potential ahead.
Given this setup, I’m sticking with short trades but taking quick profits at key intraday levels until buyers get trapped in this current bounce.
Happy trading!
Maxime holds two master’s degrees from the SKEMA Business School and FFBC. As founder and editor-in-chief of NewTrading.fr, he writes daily about financial trading.
The phony war
Controlled Skid
Peace pipe