Globex gaps getting filled, some more than others - oil triple top break testing ...Middle East

The ones we've seen this morning (evening) have come after Trump's bombin og Iranian nuclear facilities on Sunday:

BREAKING: U.S. Successfully Struck Iran Nuclear SitesWhat's Next after Iran Strikes?Monday open levels, indicative FX prices, 16 June 2025 - USD up after Trump bombs IranUS equity index futures have opened the week's trade with a small gap lower

On Friday I warned that Trump's 'within two weeks' meant 'anytime within two weeks. This was not insightful, it was there in plain speak. Some traders ignored it but when a guy sitting in his skivvies in Australia wasn't ignoring it you can pretty much bet the attack is not too much of a surprise. Indeed, US equities sank a little on Friday, while oil rose.

ES, for example, bounced immedietly from its lows and has has nearly convered its gap

Oil is of much interest, its partially filled its gap only, pulling back a 'tripl top' I pointed out earleir last week, this set up looks intersting now:

This article was written by Eamonn Sheridan at www.forexlive.com.

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