March 24, 2026

Good morning MonsterTrades!

Solid session yesterday and one that helped build some momentum. Heading into today, we are carrying setups in PL and ONDS. Positioning remains light, which keeps us flexible and ready to press when the market gives the signal. The next move is setting up, and patience here is key.

Futures are relatively quiet this morning, with ES down about 2 points after recovering nicely from earlier lows near -51. Overall, a stable start compared to the overnight pressure.

Oil continues to hold steady with WTI sitting around the $90 level, and it remains one of the most important indicators for overall market direction right now.

Yesterday’s bounce followed headlines from Trump on Truth Social suggesting productive talks between the U.S. and Iran and a possible five-day pause in strikes. Iranian officials later pushed back on those claims, saying no negotiations occurred, which suggests the headlines may have been aimed more at market sentiment than actual developments.

Continue watching oil closely, along with key levels and flow throughout the day. Short-term direction is still being driven by headlines and price action, so staying alert will be important.

The past four weeks have been tough, but this is typically when markets begin to transition. Periods of pressure often lead to opportunity, and maintaining discipline during this phase puts us in position to take advantage of the next move.

There is a growing sense that sentiment is starting to turn, and that shift is what often sparks the next market cycle.