Playbook for the 2026-06-05 session — based on the 2026-06-04 settled close.

The overall market posture remains bullish, with medium-term strength persisting across both SPY and QQQ. Expect the session to be driven by semiconductor leadership from ARM, AMD, and SMCI, while NFLX may provide a bearish counter-weight.

MARKET POSTURE · NEXT SESSION
BULLISH
SPY Bullish · QQQ Bullish

Today's Setups

Ticker Bias Key level The trade
ARM Bullish ▲ (H) call wall 415.0 Long calls on reclaim of prior high 397.45
AMD Bullish ▲ (H) call wall 515.0 Long calls on reclaim of prior high 532.19
SMCI Bullish ▲ (H) call wall 50.0 Long calls on reclaim of prior high 47.84
ORCL Bullish ▲ (H) call wall 250.0 Long calls on reclaim of prior high 238.95
NFLX Bearish ▼ (M) put support 89.0 Long puts on break of put support 89.0
MU Neutral ◐ (M) 920.0–1000.0 Range — fade the edges
Analysis, not financial advice. All levels are computed from end-of-day settled data and dealer-gamma model estimates; options carry risk.