Market Recap June 24, 2022

T-Bond Futures - Weekly Chart

Weekly US 30 year bond show stopping action. Increased volume says specs and funds are selling. Near new lows there is a transfer of risk, bought by the CM. Increasing volume and large range with high end close in the spring position indicates ending action.

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S&P 500 E-Mini Futures - Weekly Chart

Weekly E-Mini Sep show higher close last week. By applying one of Wyckoff's main principle you can see the down trend starting to slow down in early many because of EVR (effort vs result).

Light Crude Oil Futures- Weekly Chart

Weekly crude oil shows a break of reverse trend line causing it to be in a overbought condition. This lead to liquidation.

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BTC/USD - Weekly Chart

Weekly bitcoin shows selling leads to diminishing of weak demands and long liquidation.

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Apple - Weekly Chart

Apple weekly stock shows selling tails indicative of lack of demand and long long liquidation.