1. Equity Index Profiles (SPY & QQQ) Welcome to the morning session brief for June 1, 2026. Today marks the formal start of a new trading month, bringing a complete structural reset to the monthly volume profiles across all global asset classes. Overnight macro risk premium shifted following reports of…
May 29, 2026 10:44AM Update SPY and QQQ seem to have rejected the highs and are selling off from the highs. Do we go back into the range or continue to hold higher? 1. Equity Index Profiles (SPY & QQQ) S&P 500 ETF ($SPY) During yesterday'…
1. Equity Index Profiles (SPY & QQQ) S&P 500 ETF ($SPY) As we noted on May 26, the SPY gapped up and broke out to new all-time highs. At that time, we marked $748.20 as our key pivotal point—representing the low of that breakout session.…
1. Equity Index Profiles (SPY & QQQ) Following yesterday's breakout attempts, the broad market encountered some distribution during the May 27 AM session. The QQQ in particular suffered a stark intraday reversal, printing an exhaustive look-above-and-fail structural pattern, however buyers stepped in the afternoon session.…
Update 1:23PM: So far we have tested the 748 level twice and bounced from it. These levels seem to be holding for now. May 27, 2026 8:00AM S&P 500 (SPY): Testing the Breakout Threshold During the May 26 session, the SPY ETF pushed into new all-…