Overnight Global Macro Market ReportMonday, April 13, 2026 Global overview The overnight tone turned risk-off again after U.S.-Iran peace talks failed over the weekend and Washington announced a maritime blockade of Iranian ports. Markets are repricing renewed energy shock risk rather than extending last week’s squeeze-driven rebound. U.S. equity futures are lower, oil is back above $100, the dollar is firmer, and yields are rising modestly as inflation concerns return to the front of the tape. Full Report

JP Morgan’s $18 Billion S&P Collar: Why 6865 May Be the Quarter’s Control Point, Not Just Resistance One of the most important institutional levels in the S&P right now is not coming from a moving average, trendline, or retail indicator. It is coming from JP Morgan’s quarterly option collar. Each quarter, JP Morgan hedges roughly $18 billion of S&P equity exposure using a structured collar. The current framework is widely understood as: - Short 6865 calls  - Long 6180 puts  - No meaningful protection below 5210  At first glance, many traders will look at this and say one simple thing: Full Article

If you’re new to TradeHive, start here. This will help you get organized fast and avoid feeling overwhelmed. Step 1: Read the Welcome Post Get clear on what TradeHive is, who it’s for, and how the community works. Step 2: Read the Community Rules This is a professional learning environment.Respect others. No spam. No fake results. No hype over substance. Step 3: Introduce Yourself Go to the Member Introductions section and tell us: - what you trade - how long you’ve traded - your biggest challenge - what a win looks like in the next 90 days Step 4: Go Through the First Training Start with the first course or foundational training inside the Classroom.This will give you the core language and framework used inside TradeHive. Step 5: Check the Daily Posts Follow these sections regularly: - Daily Macro Desk - Morning Prep - Weekly Institutional Review This is where you’ll stay in sync with the rhythm of the community. Step 6: Start Posting Use these sections as you begin participating: - Intraday Charts & Setups - Journals: Wins / Losses - TradeHive Methodology Ask questions. Post charts. Review your trades. Learn in public. Step 7: Watch for Events and Announcements Live sessions, reviews, and important updates will be posted in: - Announcements - Calendar Step 8: Upgrade When You’re Ready When you want deeper access to the full framework, premium training, and expanded member experience, check the available upgrade options inside the group. TradeHive works best when you participate. Get started, stay consistent, and build your edge one day at a time. P.S Read the Community Rules

Welcome to TradeHive. Before you dive in, introduce yourself here so we can get to know you and help point you in the right direction. Click on the "Introduce Yourself Category" Reply below with: 1. What do you trade? 2. How long have you been trading? 3. What is your biggest challenge right now? 4. What would a win look like for you in the next 90 days? You do not need to write anything fancy. Just be real. The more we understand where you are, the easier it is to help you get value from the community. Glad you’re here.

Welcome to TradeHive. This is a trading community built for people who are serious about improving. Not for hype. Not for noise. Not for fantasy. This is for traders who want to think differently, act with structure, and develop the discipline it takes to perform at a higher level. WHAT TRADEHIVE IS TradeHive is a professional trading community focused on: - market structure - timing - risk management - real execution - accountability - learning how to think more like a desk and less like retail You will find daily market context, chart reviews, education, live sessions, trade journaling, and a growing library of training built to help you see the market with more clarity. WHO THIS IS FOR TradeHive is for: - futures traders & stock traders - active traders who want a better framework - traders tired of random entries and emotional decisions - people who want real growth, not empty motivation - members who respect others and want to build skill over time HOW TO GET VALUE FAST To get the most out of TradeHive, do these 4 things first: 1. Read the Start Here Roadmap 2. Introduce yourself in the Member Introductions section 3. Go through the first training/course 4. Start following the daily posts and weekly reviews Then begin posting charts, asking questions, and journaling your progress. WHERE TO START Start with these areas: - Start Here - Daily Macro Desk - Morning Prep - Member Introductions - TradeHive Methodology WHEN LIVE SESSIONS HAPPEN Live sessions, reviews, and special events will be posted in Announcements and on the Calendar. HOW TO UPGRADE If you want deeper access to the full TradeHive experience, including expanded training, more in-depth market breakdowns, and premium member content, watch for the upgrade details inside the community. Glad you’re here. Let’s build skill, discipline, and consistency together. P.S Before posting, please read the Community Rules.