trending volume profile:

starting from the beginning of a trend to ongoing price will offer up some key levels in relation to that trend.

it can help answer some key questions:

- where is this trend over?
- where should i buy/sell for continuation?

example ↑

JUST IN: An American military base in Syria has been attacked, as reported by Iran. - CGTN Europe on X.

JUST IN: Three oil and chemical tankers adjust their routes to avoid the Strait of Hormuz, according to MarineTraffic shipping data.

The market response to the Iranian attack is muted compared to what was expected earlier today.

This chart might answer it.

After spiking to 77%, the reality is that the Iranians might not be able to do it (if they ever could). So, the odds are now ~50/50.

JUST IN: Oil prices saw a minimal increase after U.S. strikes in Iran, indicating markets doubt a Hormuz Strait blockade. Despite tensions, experts consider it unlikely as Iran relies on oil exports to China. Analysts find the muted price reaction surprising, while alternative routes in Saudi Arabia and UAE offer limited relief. High inventories and OPEC+ production suggest potential price spikes would be temporary.

JUST IN: White House Press Secretary Leavitt stated that Trump received intelligence indicating Iran was 'weeks' away from acquiring a nuclear weapon.

JUST IN: US officials warn of imminent high risk of Iranian retaliation against US forces, while efforts for diplomatic resolution continue.

Key Earnings Calendar

— Monday, June 23
• KB Home (KBH) — after close

— Tuesday, June 24
• FedEx (FDX) — after close
• Carnival (CCL) — before open

— Wednesday, June 25
• Micron (MU) — after close
• Paychex (PAYX), General Mills (GIS), Winnebago (WGO), Jefferies (JEF)

— Thursday, June 26
• Nike (NKE), Walgreens (WBA), McCormick (MKC) — after close

— Friday, June 27
• Final read on May’s PCE inflation and other data (income, spending, sentiment)

JUST IN: President Trump urges for lower oil prices and warns against aiding adversaries. He instructs the US Department of Energy to "Drill, baby, drill" in an effort to combat inflation.

Fed’s Bowman: Rate cut may be on the table

Fed Governor Michelle Bowman says it’s an appropriate time to consider adjusting interest rates.

A cut is possible if inflation keeps easing or the labor market weakens.

JUST IN: Tesla stock, $TSLA, jumps over +10% following the market's response to the Robotaxi launch.

JUST IN: An Iranian political source suggests an imminent attack on US military sites is likely – Iranian media.

Keep watching the market:

Prediction markets now see a massive 92% chance of Iran meeting with the US before July.

This is up sharply from the 47% chance seen just two days ago.

The market continues to price-in a short-lived conflict.

JUST IN: The Trump administration is reportedly getting ready for a potential Iranian attack on US bases in the Gulf, according to Axios.

JUST IN: Iran is reportedly about to launch missiles at US bases, as Axios reports. Iran has allegedly fired six missiles at US bases in Qatar, with explosions being heard in Doha.

JUST IN: UAE has closed its airspace, reports Fox News.

JUST IN: Iran has initiated strikes on Qatar and Iraq.

JUST IN: U.S. aircraft departs from Saudi Arabia air base