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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (64022)6/20/2025 5:02:15 AM
From: Johnny Canuck1 Recommendation

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Index Update June 19 2025

Fed announcement was to hold rates still and signal one potential rate cut this year if economic activity continues to slow.

Trump administration kick the issue of participating in Iran offensive down the road.

The major indices essentially close where the opened and they open close to the previous days' closes. Ahead of a holiday on Thursday it looks like traders decide to hold the status quo. Friday is quad-witching, so big intra-day moves are expected but they may not hold as I doubt trader will initiate new positions going into the weekend. Tomorrow is above settling option positions.

Only notable change was on the TLT. TLT crossed the 50 day SMA from below, indicating a potential trend change in long bond rate and front running the guidance from the Fed that there is at least one cut this year. It indicate over the next few month the trend will be for lower rates, maybe even as much as 0.5 percent.