Bitcoin has dipped slightly today; for now, its bullish structure remains intact, but holding a key support zone is crucial. If this breaks, a major downside could open up.


Some movement in crypto is also driven by news regarding the vote on the Clarity Act (a US crypto regulation bill).


Natural gas saw strong bullish momentum today and is nearing its next key resistance level, supported by seasonal demand and rising energy needs.


In Gold and Silver, that bearish pattern (Head and Shoulders) has now triggered; however, keep in mind that if yields fall, this pattern could fail. Silver remains below its neckline, so the direction is not yet confirmed.


A buying opportunity is being watched in a housing sector company with the expectation that if the Fed remains hawkish, long-term yields could decline.


The US Dollar is slightly up today but is consolidating within a tight range.


The S&P 500 is trading above its key support level, maintaining a bullish bias. Interestingly, put options (positions betting on a drop) are quite high, which often acts as a contrarian signal.


There was a major move in the bond market today—the US 10-year yield reached 5.04% this morning, its highest level since July 2007 (a 19-year high according to CNBC), before pulling back below 5%.


This retracement was caused by a pullback in crude oil. Oil was near $104 this morning and has since dropped, though it remains above $100 as Saudi Arabia’s East-West pipeline remains shut and issues in the Strait of Hormuz persist (CNBC, Trading Economics).


The biggest event is tomorrow, Wednesday: the Federal Reserve's rate decision. The market is pricing in roughly 92% odds of a 25 basis point hike (Trading Economics), meaning this is largely priced in. The real volatility will follow the decision during the Fed Chairman’s press conference, which will clarify the direction for future rate hikes.


This is strictly market observation; please base your trading decisions on your own research and risk tolerance.