July 21, 2025

LOCKED Japan Update: LDP/Komeito Lose Upper House Majority, Calls for Ishiba to Step Down

LDP/Komeito Lose Upper House Majority, Calls for Ishiba to Step Down

Akazawa in Washington for Eighth Round of Trade Talks

Japan Enters Prolonged Period of Multi-Party Government

Wednesday’s 40-Year JGB Auction Will be First Test of New Political Situation

July 21, 2025

MI2 TD Trade Point – The Setup Is Still Alive, But Shorts Are Feeling the Heat

Last week we flagged a textbook setup: triple 13s across SPX, CCMP, and INDU with price flips, Reference Close breaks, and even the Semis (SMH) flashing red. It was everything bears had been begging for — structure, confirmation, momentum shift. But this market doesn’t make it easy. And just like that, confirmation slipped through our fingers.

July 21, 2025