In today’s market update, Stephen Whiteside from theuptrend.com reviews early Monday trading conditions. Stock index futures and commodities opened slightly higher, with Bitcoin trading under pressure but still within range of a potential buy signal. The VIX remains subdued, though a breakout above resistance could trigger selloffs in the broader market. Meanwhile, key stocks like Coinbase, Mara, and MicroStrategy are closely watched for buy signal confirmations.
Turning to commodities, gold and silver continue to push higher, with miners in both metals sectors hitting fresh highs. Copper is holding its gains, while crude oil and gasoline slipped back onto sell signals, testing critical support levels. The energy sector also weakened, with Canadian Natural Resources and ExxonMobil both rolling over into sell signals. Overall, equities showed a modestly positive tone, while commodities presented a mixed picture — strength in metals, weakness in energy.
Stephen Whiteside
Monday, September 8, 2025
