Seasonal Context & Events

We’re officially out of earnings season, with no more headline-grabbing reports to stir the pot. There are also no options expirations this week, no holidays to distort the calendar, and no end-of-month inflows or outflows to mess with price action—basically, a clean slate. But here’s a new item for the checklist: it’s the second Wednesday of the month, which means bond markets might start whispering something interesting. Keep an eye there—sometimes they lead the dance while equities just follow the rhythm.

Key events include:

• 11th June 12:30UTC Inflation Rate
• 11th June 12:30UTC CPI
• 12th June 12:30UTC PPI
• 12th June 12:30UTC Initial Jobless Claims
• Those events may or may not influence the opening direction and subsequent days.

The Trading Week Recap

Just a couple things for weekend meditation—nothing technical this time, so if you came here for “buy here, sell here,” you can safely skip this. Something’s boiling, but I need a bit more time before calling it. Last week was about tops—maybe next time we’ll talk about bottoms. Who knows.

Now and then, I get the opportunity (and the privilege) to talk with people I truly consider important—those rare ones who seem to appear in your life for a reason. One of the things that came up recently was this pervasive state of confusion a lot of people seem to be stuck in. And I don’t mean confused like “I don’t know what to do tomorrow.” I mean existentially confused. Directionless. Distracted. Asking the wrong questions to the wrong people—and then wondering why the answers don’t help.

So why are people so confused?

Here’s my take: we’ve got an entire generation raised on algorithms instead of awareness. Social media made everything look instant and curated. Education systems are still playing catch-up with the real world. And everyone is so busy chasing dopamine hits and validation, they’ve forgotten how to sit in silence and just think for themselves.

On top of that, life has been packaged and sold as something linear and fair—study hard, get the job, retire with a smile. But real life? It’s anything but linear. Life isn’t fair. The world doesn’t owe you answers, success, or clarity. Most people are lucky they live in a world with infrastructure and rules—strip that away, and many wouldn’t survive a year. Harsh? Maybe. True? Definitely.

There’s also this failure to distinguish roles. People ask health advice from friends who are perpetually sick. They take financial tips from coworkers who can’t manage a savings account. They confuse proximity with expertise. Just because someone is near you—or loud—doesn’t mean they’re qualified to guide you.

It’s happened to me dozens of times. Someone in worse shape than me telling me how to train. Someone broke giving tips on how to get rich. And the confidence? Off the charts. That’s how you end up confused—trusting the conviction of someone who’s never walked the path you’re trying to take.

That’s why clarity—real clarity—starts with asking the right questions. And more importantly, asking them to the right people. If you want to climb a mountain, talk to someone who’s actually done it. They’ll tell you where it gets steep. What shoes to wear. What not to carry. Everyone else? They’re just guessing.

That mindset shift is one of the reasons I started this whole stock market journey. Back in 2018, I didn’t even know what a stock was. I was looking at pension plans and mutual funds, hoping they’d somehow guarantee a comfortable retirement. Then something clicked. I thought—if I’m going to lose money, I’d rather do it on my own terms. I’d rather take the hit and know I was behind the wheel, not paying someone else to crash the car for me.

So here’s the takeaway: protect your direction. Don’t let other people’s confusion become your own. Be mindful of who you’re asking advice from—and whether their life reflects anything close to what you want.

You don’t need perfect answers. You just need better questions—and the discipline to ask them to the right people.

What happened last week? I was watching for a breakout—either a clean move above those two peaks or a drop below the low in between. What did we get? Technically, a sort of breakout to the upside. But why do I say “sort of”? Because, well… meh. I didn’t like the feel of it. It didn’t convince me enough to take the trade. Could it turn into a solid breakout and rally higher? Absolutely. But I’d rather miss a move than force a trade I don’t trust.

Support & Resistance Levels

R3	6143
R2	6073
R1	6041
Close	6000
S1	5949
S2	5929
S3	5895

Forecasts

Friday’s move might give the Market a green start on Monday—unless, of course, something dramatic blows up over the weekend (always a risk). But here’s the thing: don’t get distracted. When the noise gets loud—especially in the media—it usually means something real is simmering quietly beneath the surface. Keep your clarity. Keep your awareness. Those two are your edge.

As for the forecast, I still lean bullish overall, but I’m eyeing a possible pause. I had penciled in a drop starting around the 5th… didn’t happen (yet). So now I’m watching the 10th–11th as a potential pivot zone. Could be up, could be down, could be just more sideways. Either way, I’ll let price tell the story—check back next Friday.