NOW WITH MICRO BITCOIN
The odds of a June cut now stand at 65%, while July sits at 80%. As yields dip today following yesterday’s housing strength, the question arises: will the FOMC projections shift toward 50bps of cuts instead of 75?
E-mini S&P (June) / E-mini NQ (June)
S&P, yesterday’s close: Settled at 5286.75, up 45.00
NQ, yesterday’s close: Settled at 18,479.75, up 209.75
Bias: Bullish/Neutral
Resistance: 5315.75-5319.25, 5357.25
Pivot: 5307.25
Support: 5293.50-5295.50, 5286.75, 5274.25-5279.25, 5267-5267.75, 5252.75-5257.25, 5241-5243.50, 4235-4236.75, 5226-5228.25, 5214.75-5218, 5204.75-5206.50
NQ (June)
Resistance: 18,644-18,700, 18,853, 18,953, 19,000-19,034
Pivot: 18,594-18,612
Support: 18,541, 18,454-18,480, 18,398-18,404,18,342-18,361, 18,270-18,291, 18,203-18,219, 18,152-18,172, 18,053-18,070, 18,006-18,029**
Crude Oil (May)
Yesterday’s close: Settled at 81.27, down 1.46
Bias: Neutral/Bullish
Resistance: 81.68-81.92, 82.25-82.48, 82.97-83.12, 83.87-83.95*
Pivot: 81.49
Support: 80.56-80.89, 80.01-80.14, 79.69-79.87, 78.75-78.80, 76.86***
Gold (April) / Silver (May)
Gold, yesterday’s close: Settled at 2161.0, up 1.3
Silver, yesterday’s close: Settled at 25.1104, down 0.031
Bias: Bullish/Neutral
Resistance: 2214.7-2215.7, 2223.5-2225.3, 2229.9, 2236.2**, 2256.8
Pivot: 2203
Support: 2194.5-2195.5, 2190, 2184.6-2187.8, 2174.6-2177, 2160-2165****
Silver (May)
Resistance: 25.83, 25.93-23.98, 26.09-26.23, 26.43-26.50
Pivot: 25.66-25.70
Support: 25.50-25.54, 25.35**, 25.15-22.19, 25.08, 24.90-24.95
Micro Bitcoin (April)
Yesterday’s close: Settled at 65,999, up 1,395
Resistance: 68,750, 69,165-69,267, 72,660, 73,560**, 73,915-74,405
Pivot: 67,680-67,925
Support: 66,360, 65,999-66,093, 64,860, 64,129, 62,425, 60,870-60,955*
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