Bitcoin is holding its key support zone (a price area where buyers step in to defend against declines) and is higher again today, keeping its bullish structure intact, though a close below could open significant downside. Natural gas remains above its key level but has been quiet, and a break of an important resistance (a price area where selling pressure tends to build) could spark a sharper move. Gold and silver are both higher and attempting to reclaim their neckline (the level whose break activates or cancels the pattern); a close above would cancel the bearish pattern (head and shoulders). Generac surged roughly 34 percent after signing a supply agreement with Amazon worth up to 8 billion dollars for data center generators (CNBC, Investing.com), while a homebuilder reported earnings and Intel trades near resistance. The dollar is lower and the US 10 year yield, after topping 5 percent yesterday, is pulling back today, helping the S&P 500 recover back above its bullish line. Oil has fallen below 100 dollars after Saudi Arabia said its East West pipeline will be repaired within days, alongside confirmation of US-Iran talks in Oman (CNBC, Tradingpedia). The biggest event was yesterday's Fed decision, a 25 basis point (0.25 percent) hike lifting the range to 3.75 to 4.00 percent, the first since 2023 and a unanimous 12-0 vote; the real shock came from the dot plot (the chart showing where officials see rates heading), with 16 of 18 members expecting another hike this year, and that hawkish (tighter policy stance) tone drove yesterday's selloff (CNBC, TheStreet). This is a market observation only, so base your trading decisions on your own research and risk tolerance.
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