Profit Taking in Equities and Bond Yields Continue to Move Lower
Trading Data Update July 1 2025
Not to surprising that the equity markets saw profit taking today post the epic end of quarter run up. When we take a look back at the end of Q1 you can see that marked the top then (green circle below) and the QQQs proceeded to drop precipitously for the next month and a half. Will this quarter repeat?
We are quite sure that this set up is on a lot of traders minds and no doubt we will get selling here out of the gate to test this area once again. This bull and bear battle up here will determine the next leg of the move. From our purview, we either hold 535 on the downside or we risk a full run down to 505. That wouldn’t shock us as honestly that was the starting point for this last leg up. Big question is, do we have to test down to 505 before we test the highs of this triangle wedge? Perhaps, but one thing is certain, there is a case for both the bulls and the bears here:
We have the September JPMorgan collar values shown below, doesn’t look like they expect to much more upside here, about 5%:
So there is something like we said for both the bull and bear narrative here. This should lead to some good trading opportunities. We sense when we look at this spread chart of the SP500 and Nasdaq, that if the weekly bar closes like this, then this would lead us to believe lower prices for equities lie ahead:
On another note, very cool story and well with a little not so cool, anyway, this guy held onto this 100BTC gold bar since 2012 and finally redeemed it in May. However he posted his bar online and probably didn’t realize he had the seed key visible. Well, before he could realize it, someone had used it to get all the forked BCH worth $40k or so. However this sum pales to the $10 million from an initial $500 investment. Just goes to show you, you the future means you have to be responsible and careful, negligence will be greatly punished!
Alright that is it for the free look, we have all the MTR Subscriber data and trading trackers up next, we urge you to become a full subscriber and truly break through that barrier of understanding in regards to our global financial system and perhaps implement some of our trading trackers into your own investment profiles! If you are sick of stagnating, sick of losing then join the ranks of MTR Subscribers!
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