Day 25 — Trading Only S&P Futures | Gold’s Rally Raises Flags

Welcome to Day 25 of Trading Only S&P Futures!

Today started strong with an overnight short and continued by taking longs at major support levels. With the FOMC blackout period in effect, I leaned bullish but stayed selective, waiting for the 5-min MOB to hit before entering. That trade paid off and I wrapped the day at +264.83.

Still, there’s a cautionary note: gold just hit a record high above $3,633/oz, and that could be signaling underlying stress in the markets. Something to keep an eye on as we move forward.

🔑 Key Levels for Tomorrow
Above 6480 = Remain Bullish
Below 6465 = Flip Bearish

📰 News Highlights
SPOT GOLD EXTENDS GAINS, LAST UP 1.3% TO HIT A RECORD HIGH OF $3,633.65/OZ