# Monday Live Stream US Market Open
**Date:** 2026-06-13  
**Source:** [YouTube](https://www.youtube.com/watch?v=XQL_z-AmkBU)

## Main Thesis
The market is at a critical juncture, with many instruments at key resistance levels, suggesting a potential for a significant pullback or consolidation, especially given the overbought conditions and historical analogs pointing to a possible top.

## Charts & Technical Analysis

### 1. SPX (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential double top
**Key Levels:** 5200 resistance, 4800 support, 4600 support
**Historical Comparison:** null

SPX is at the top of an ascending channel, near 5200, which has acted as resistance previously. Atkinson notes the market is very overbought and due for a pullback, potentially to 4800 or 4600. He highlights the potential for a double top if it fails to break higher.

### 2. SPX (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, potential bearish divergence
**Key Levels:** 5200 resistance, 5100 support, 5000 support
**Historical Comparison:** null

Daily SPX shows it's at the top of the channel. Atkinson points out bearish divergence on the RSI and MACD, indicating weakening momentum despite price increases. He expects a move down to 5100 or 5000.

### 3. NDX (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential double top
**Key Levels:** 18500 resistance, 17000 support, 16000 support
**Historical Comparison:** null

NDX is also at the top of its weekly ascending channel, similar to SPX. Atkinson sees 18500 as strong resistance and expects a pullback to 17000 or 16000. He mentions the potential for a double top.

### 4. NDX (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, bearish divergence
**Key Levels:** 18500 resistance, 18000 support, 17500 support
**Historical Comparison:** null

Daily NDX shows bearish divergence on RSI and MACD, similar to SPX. Atkinson emphasizes the overbought conditions and the likelihood of a pullback from the 18500 resistance.

### 5. DXY (weekly)

**Bias:** BULLISH
**Pattern:** ascending channel, potential breakout
**Key Levels:** 106 resistance, 104 support, 102 support
**Historical Comparison:** null

DXY is at the top of its weekly ascending channel, testing 106 resistance. Atkinson suggests a potential breakout above 106, which would be bullish for the dollar and bearish for risk assets. He notes the strong support at 104 and 102.

### 6. DXY (daily)

**Bias:** BULLISH
**Pattern:** ascending channel, bullish momentum
**Key Levels:** 106 resistance, 105 support, 104 support
**Historical Comparison:** null

Daily DXY shows strong bullish momentum, testing 106. Atkinson highlights the potential for a breakout and a move higher, which would put pressure on other currencies and commodities.

### 7. EUR/USD (weekly)

**Bias:** BEARISH
**Pattern:** descending channel, potential breakdown
**Key Levels:** 1.08 support, 1.10 resistance, 1.06 support
**Historical Comparison:** null

EUR/USD is at a critical support level of 1.08. Atkinson expects a breakdown below 1.08, which would confirm DXY strength and lead to further declines, potentially to 1.06 or lower.

### 8. EUR/USD (daily)

**Bias:** BEARISH
**Pattern:** descending channel, bearish momentum
**Key Levels:** 1.08 support, 1.085 resistance, 1.07 support
**Historical Comparison:** null

Daily EUR/USD shows bearish momentum, testing 1.08 support. Atkinson emphasizes the importance of this level and the high probability of a breakdown, especially if DXY breaks out.

### 9. Gold (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential breakdown
**Key Levels:** 2300 support, 2400 resistance, 2200 support
**Historical Comparison:** null

Gold is at a critical support level of 2300. Atkinson expects a breakdown below 2300, especially with a strong DXY, which would lead to a significant correction, potentially to 2200 or lower. He notes the overbought conditions.

### 10. Gold (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, bearish divergence
**Key Levels:** 2300 support, 2350 resistance, 2250 support
**Historical Comparison:** null

Daily Gold shows bearish divergence on RSI and MACD, indicating weakening momentum. Atkinson highlights the importance of the 2300 support and the high probability of a breakdown, especially if DXY strengthens.

### 11. Silver (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential breakdown
**Key Levels:** 28 support, 30 resistance, 26 support
**Historical Comparison:** null

Silver is at a critical support level of 28. Atkinson expects a breakdown below 28, similar to Gold, which would lead to a significant correction, potentially to 26 or lower. He notes the overbought conditions.

### 12. Silver (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, bearish divergence
**Key Levels:** 28 support, 29 resistance, 27 support
**Historical Comparison:** null

Daily Silver shows bearish divergence on RSI and MACD, indicating weakening momentum. Atkinson highlights the importance of the 28 support and the high probability of a breakdown, especially if DXY strengthens.

### 13. WTI Crude Oil (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential breakdown
**Key Levels:** 78 support, 80 resistance, 75 support
**Historical Comparison:** null

WTI Crude Oil is at a critical support level of 78. Atkinson expects a breakdown below 78, which would lead to further declines, potentially to 75 or lower. He notes the bearish momentum.

### 14. WTI Crude Oil (daily)

**Bias:** BEARISH
**Pattern:** descending channel, bearish momentum
**Key Levels:** 78 support, 79 resistance, 77 support
**Historical Comparison:** null

Daily WTI Crude Oil shows bearish momentum, testing 78 support. Atkinson emphasizes the importance of this level and the high probability of a breakdown.

### 15. 10Y Yield (weekly)

**Bias:** BULLISH
**Pattern:** ascending channel, potential breakout
**Key Levels:** 4.5% resistance, 4.2% support, 4.0% support
**Historical Comparison:** null

The 10Y Yield is at a critical resistance level of 4.5%. Atkinson suggests a potential breakout above 4.5%, which would be bullish for yields and bearish for equities. He notes the strong support at 4.2% and 4.0%.

### 16. 10Y Yield (daily)

**Bias:** BULLISH
**Pattern:** ascending channel, bullish momentum
**Key Levels:** 4.5% resistance, 4.4% support, 4.3% support
**Historical Comparison:** null

Daily 10Y Yield shows strong bullish momentum, testing 4.5%. Atkinson highlights the potential for a breakout and a move higher, which would put pressure on equities.

### 17. Bitcoin (BTC/USD) (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential breakdown
**Key Levels:** 68000 support, 72000 resistance, 65000 support
**Historical Comparison:** null

Bitcoin is at a critical support level of 68000. Atkinson expects a breakdown below 68000, especially with a strong DXY and risk-off sentiment, which would lead to a significant correction, potentially to 65000 or lower.

### 18. Bitcoin (BTC/USD) (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, bearish divergence
**Key Levels:** 68000 support, 70000 resistance, 67000 support
**Historical Comparison:** null

Daily Bitcoin shows bearish divergence on RSI and MACD, indicating weakening momentum. Atkinson highlights the importance of the 68000 support and the high probability of a breakdown.

### 19. Ethereum (ETH/USD) (weekly)

**Bias:** BEARISH
**Pattern:** ascending channel, potential breakdown
**Key Levels:** 3500 support, 3800 resistance, 3200 support
**Historical Comparison:** null

Ethereum is at a critical support level of 3500. Atkinson expects a breakdown below 3500, similar to Bitcoin, which would lead to a significant correction, potentially to 3200 or lower.

### 20. Ethereum (ETH/USD) (daily)

**Bias:** BEARISH
**Pattern:** ascending channel, bearish divergence
**Key Levels:** 3500 support, 3600 resistance, 3400 support
**Historical Comparison:** null

Daily Ethereum shows bearish divergence on RSI and MACD, indicating weakening momentum. Atkinson highlights the importance of the 3500 support and the high probability of a breakdown.

## Regime / Cycle Analysis
Atkinson emphasizes a potential shift to a risk-off environment, driven by a strengthening US Dollar (DXY) and rising bond yields (10Y Yield). This would put pressure on equities, commodities (Gold, Silver, Oil), and cryptocurrencies. He notes that many assets are at critical resistance/support levels, suggesting a coordinated market move is imminent.

## Key Calls & Predictions
- Expect a pullback in SPX and NDX from current resistance levels (5200 for SPX, 18500 for NDX).
- Look for a breakout in DXY above 106, which would be bullish for the dollar and bearish for risk assets.
- Anticipate a breakdown in EUR/USD below 1.08.
- Prepare for a correction in Gold and Silver if their key support levels (2300 for Gold, 28 for Silver) are broken.
- Watch for a breakdown in WTI Crude Oil below 78.
- Monitor the 10Y Yield for a breakout above 4.5%, signaling higher yields and pressure on equities.
- Expect a breakdown in Bitcoin and Ethereum from their current support levels (68000 for BTC, 3500 for ETH).

## All Instruments Mentioned
SPX, NDX, DXY, EUR/USD, Gold, Silver, WTI Crude Oil, 10Y Yield, Bitcoin (BTC/USD), Ethereum (ETH/USD)

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*Generated by FX Evolution Monitor on 2026-06-13 20:00:19*