Monthly Archives: June 2026
41654156156Chart the Market (11/06/2026)

Written on June 11, 2026 at 6:07 am, by pumarketings
XAGUSD, H4: Silver remains under significant selling pressure and continues to trade within a well-established long-term downtrend. The persistent sequence of lower highs and lower lows reflects the dominance of bearish sentiment, with sellers maintaining control of the market’s direction. Recent price action has further reinforced the negative outlook. After breaking below its week-long consolidationContinue Reading
Chart the Market (10/06/2026)

Written on June 10, 2026 at 8:46 am, by pumarketings
SPCX, H4: The derivative instrument linked to SpaceX experienced a notable sell-off in the previous session, reflecting a period of heightened bearish pressure. However, recent price action suggests that the decline may be losing momentum, with the instrument appearing to stabilize and consolidate near its recent lows. More importantly, the derivative has begun to formContinue Reading
Strait of Hormuz Heats Up as U.S. Strikes Iran; Stocks Wobble Before CPI

Written on June 10, 2026 at 8:17 am, by pumarketings
Key Takeaways: *Fresh U.S. strikes on Iran and reports of military losses near the Strait of Hormuz have sparked risk-off sentiment, overshadowing recent AI-driven optimism. *Following strong U.S. jobs data, today’s CPI report could be a major market mover. A hotter inflation reading may reinforce higher-for-longer rate expectations and add further pressure on stocks. *WallContinue Reading
