JUST IN: A LARGE EXPLOSION HAS BEEN REPORTED IN THE SOUTHERN CITY OF BUSHEHR, IRAN, ACCORDING TO SHARGH NEWSPAPER'S TELEGRAM CHANNEL.

JUST IN: Iran's Parliament agrees to close Hormuz Strait; final approval needed from top security body.

JUST IN: The National Terrorism Advisory System has issued a bulletin warning of an 'increased threat environment' in the U.S. after attacks on Iran, reports CBS News.

Weekend Wall Street predicting a big selloff when markets open on Monday after the US bombed 3 Iranian nuclear sites.

JUST IN: Iran's Supreme Leader's Adviser Shamkhani states on X that despite potential total destruction of nuclear sites, enriched materials remain secure, and the situation is far from concluded.

This.

JUST IN: Tesla CEO Elon Musk announces robo-taxi service launch in Austin today, charging customers a flat fee of $4.20.

Run them all over.

Key Events This Week:

1. Markets React to US Strikes on Iran - Monday

2. May Existing Home Sales data - Tuesday

3. June CB Consumer Confidence data - Tuesday

4. Fed Chair Powell Speaks - Tuesday & Wednesday

5. US Q1 2025 GDP data - Thursday

6. May PCE Inflation data- Friday

Volatility is set to return in the week ahead.

JUST IN: Iran's Army warns the US of serious repercussions, reports Tasnim.

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.