Futures Market Commentary \ June 18, 2026

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https://www.youtube.com/watch?v=bUN_f8U_1Eg

Summary:

– This is a brief market review following Michael’s June 7 commentary, focused on higher-timeframe order-flow and liquidity concepts (volume imbalances, buy/sell-side inefficiencies, inversion/fair-value gaps) used to find high-probability intraday trades.

– Core methodology: analyze monthly/weekly/daily to set bias, then trade short-term inefficiencies and the nearest liquidity targets (“low-hanging fruit”); use chart toggling to spot volume/balance areas; avoid greed and favor nearer objectives.

– US dollar: overall bullish bias. Dollar strength is driving opposite moves in other markets (teeter-totter effect).

– Euro/USD & GBP/USD: showed retracements consistent with the dollar bullish case. Short-term downside targets expected; if short, take partial profits and don’t be greedy.

– Crude oil: bearish. Geopolitical headlines (comments about Iran) likely primed a short-lived rally that should be faded; technicals show strong downside moves and large potential range (~$92.50 to ~$74 referenced).

– Equity futures (ES/NQ): used volume imbalances and inefficiencies as guides. ES has bounced from an inefficiency; NQ (September contract) is being watched for a new all-time high but may still shake out before confirming.

– Bitcoin: failed to reach prior highs, showing relative equal lows and downside bias. Short-term targets around the mid-$50k area (~$54k then ~$53k).

– Practical notes: order-flow/algorithmic price delivery rules underpin the calls; some moves may gap over weekends; patience is required on higher timeframe trades.

– Closing: best wishes and reminder to trade cautiously.

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