The June 12-13 range finally broke, delivered a 4 percent thrust, and tapped our upside objective on Friday.
As price kissed that level, an upper Tag n Turn printed and Bollinger Bands began to contract.
History says month-end plus an imminent NFP number cuts volatility for one to three sessions.
We are neutral-leaning-not-bullish: expecting sideways drift, shrinking IV, and prime theta-decay income.
Surprise headlines – or whatever noise escapes Trump’s mouth – can jolt intraday, but the base case is pause then play.
Stick to mechanical setups, milk premium, and save gunpowder for Friday’s jobs report.
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