Futures Commentary - June 09, 2026

Dollar Index Analysis00:00:00

The dollar index (daily chart) showed a bullish tendency, opening into a buy side and bouncing off a southside efficiency. It failed to touch the consequent encroachment level at 99.676, indicating potential for a higher low and a run towards the 100.58 level mentioned in the weekend analysis. The speaker anticipates a prominent run above the current area.

Crude Oil Market Manipulation00:01:44

Crude oil markets exhibited high manipulation. After trading into a volume imbalance (inversion fair value gap) on Monday and hitting a consequent encroachment, prices fell, sweeping through Friday's low. The speaker attributes this to conflicting statements from the US administration and Iranians regarding peace deals, leading to market uncertainty and 'rugpulls' for traders.

ES Futures: Volatility and Trading Opportunities00:04:38

ES futures experienced a significant daily range. As predicted in the weekend analysis, the market traded up to a level where a short could be considered before slamming down through inversion fair value gaps. The volatility and daily ranges are increasing, offering substantial profit opportunities for those who avoid overleveraging and don't fear being stopped out.

NASDAQ (NQ) Futures: Enormous Daily Range00:07:40

NASDAQ futures displayed an enormous daily range of over 1600 handles in the morning session alone. The market went up to a predicted level before dropping to the low of a fair value gap. The speaker details a specific trading setup using an hourly buy-side inefficiency that acted as an inversion fair gap, validated by price action for a short entry.

Trading Strategy and Risk Management00:12:07

The speaker emphasizes validating inversion fair value gaps with clear price action, specifically how candles open and close. He recounts a successful short trade on NQ, highlighting how the market confirmed the inversion fair value gap. He advises traders to pack small and play big, meaning keeping risks small and letting profitable trades run longer, especially given the current unprecedented market volatility.

Outlook and Final Advice00:20:10

The speaker concludes by reiterating the extreme volatility in the markets, which he believes will continue and even increase. He strongly advises traders to dial back their risk, be more selective with entries, and demand more from their setups to avoid premature exits from the game. He warns against blaming others for trading mistakes and stresses the importance of preserving capital in such a volatile environment.