In Monday’s premarket video, Stephen Whiteside from TheUpTrend.com reviews the early morning setup, highlighting that stock index futures are trading below fair value, while commodities and Bitcoin are trading higher. He discusses three critical levels of fear related to the VIX, and how a breakout above 20 or 22 could signal rising market anxiety. The major U.S. index ETFs — including the S&P 500, NASDAQ 100, and their equal-weighted counterparts — are mostly holding above the upper channel lines, though some, like the equal-weighted NASDAQ, are showing signs of weakness.
Stephen also covers strength in Bitcoin and related ETFs, which are making new highs, and tracks performance across notable crypto stocks such as Coinbase, Hive, and MicroStrategy. He then transitions to Friday’s most active stocks, including Nvidia, Tesla, and AMD, and provides key levels to watch for potential trend changes. He concludes with a look at the TSX most active names, like Canadian Natural Resources, Enbridge, and Suncor, emphasizing market levels that could trigger buy or sell signals. While a bit of early selling is expected Monday, no significant shifts are forecast unless key support levels are broken.
Stephen Whiteside
Monday, July 14, 2025
