Technical Difficulties

Apologies for the post-market open email.

Good morning…

A few technical difficulties with Substack this morning…

Let’s dig in.

Ceasefire or not, this market just won’t quit.

Even as missiles were still flying past the official truce deadline, stocks rallied on the narrative that the worst had passed.

Futures are pointing higher again this morning, with the S&P 500 just 2% away from record highs.

Oil, meanwhile, is in freefall, down as much as 5.6% overnight after President Trump announced the Israel-Iran ceasefire, and that’s giving markets another tailwind.

WATCH THE OILU… If we hit oversold on RSI and MFI on our daily chart, that will be the opportunity for a reversion trade. That’s where your focus should be if you’re trying to make money off this situation. Just give if a little time and let the market settle.

But tread lightly. This is one of the shakier ceasefires in memory, and one stray headline could flip sentiment fast. For now, though, volatility is melting. VIX futures are under 20. VVIX is collapsing. Traders are back …