Market indices
Are You Really a Trader?Are You Really a Trader?
Or Is Your Brain Just Chasing the Next High?
Nobody wakes up one morning and says:
"Today I'm going to become addicted to gambling."
It doesn't happen overnight.
It happens quietly.
One decision at a time.
One trade at a time.
At first, the goal sounds perfectly reasonable.
"I want financial freedom."
A few months later, the conversation inside your head begins to change.
"Just one more trade and I'll get my money back."
"One good trade will fix everything."
Without realizing it, the goal has shifted.
It's no longer about freedom.
It's no longer about understanding the markets.
It's no longer about becoming a better trader.
It's about getting back the feeling you had yesterday.
And that's where the danger begins.
The market isn't the problem.
The market simply provides exactly what the human brain is wired to seek.
Hope.
Excitement.
Reward.
Fear.
Relief.
Every candle creates emotion.
Every profit feels like validation.
Every loss feels personal.
Slowly, almost invisibly, the line between a trader and a gambler begins to disappear.
Not because they use different platforms.
Not because they press different buttons.
But because they are chasing completely different things.
Ask yourself one simple question.
Would you still take this trade...
...if there were no money to win?
Only because your system says so.
Only because your rules tell you it's the right trade.
Most people would probably answer:
No.
And that answer says more than any trading journal ever could.
On the surface, traders and gamblers look almost identical.
Both risk money.
Both experience wins.
Both experience losses.
Both press the exact same button.
The difference isn't found on the chart.
It's found in the reason they trade.
The gambler is chasing excitement.
The trader is executing probabilities.
The gambler hopes this trade changes everything.
The trader knows one trade changes nothing.
The gambler needs action.
The trader needs patience.
The gambler wants to win today.
The trader wants to still be trading ten years from now.
Here's an uncomfortable truth.
Many people aren't actually interested in trading.
They're interested in money.
Trading is simply the vehicle.
That's why some people move from sports betting to crypto.
From crypto to CFDs.
From CFDs to options.
Then to the next "opportunity."
The products change.
The psychology doesn't.
They aren't searching for a market.
They're searching for a shortcut.
But maybe money isn't what you're really chasing.
Maybe every trade represents something much deeper.
Recognition.
Freedom.
Security.
Self-worth.
Or perhaps the hope that one winning trade will erase every mistake you've made before.
It won't.
No trade can solve a problem that has nothing to do with the market.
And this doesn't only apply to trading.
Today, millions of people make a living by attracting attention.
Followers.
Likes.
Views.
Clicks.
There's nothing wrong with that.
Just as there's nothing wrong with earning your living as a professional trader.
Both can be honest professions.
The real question isn't what you do.
It's why you do it.
One person wakes up every morning chasing the next winning trade.
Another wakes up chasing the next viral post.
One measures success by account balance.
The other measures it by follower count.
Both can become addicted.
Both can also become professionals.
The outcome doesn't define the profession.
The motivation does.
Now ask yourself one final question.
Why are you really sitting in front of the chart?
Do you genuinely want to understand financial markets?
Do you want to build a profession?
Or are you trying to escape something?
Debt?
Failure?
Pressure?
The need to prove something?
The belief that one big win will finally change your life?
There are no right or wrong answers.
Only honest ones.
And honesty is where real change begins.
Something interesting happens after ten or fifteen years.
Many experienced traders stop searching for excitement.
They start searching for peace.
They trade less.
They wait longer.
They accept losses without drama.
Sometimes they close the charts and go for a walk.
Why?
Because they eventually understand something that beginners rarely see.
A professional trader isn't paid for constantly being in the market.
A professional trader is paid for knowing when not to be.
Patience isn't the absence of action.
It's one of the most valuable decisions a trader can make.
A professional trader isn't paid for excitement.
They're paid for discipline.
A serious content creator isn't paid for chasing clicks.
They're paid for earning trust.
Both careers take years.
Both require consistency.
Both demand honesty with yourself before they reward you financially.
The chart never lies.
Neither do your trading results.
Neither do your social media statistics.
Every one of them reflects the same thing.
Not the person you wish you were.
The person you are today.
Maybe that's the most uncomfortable truth of all.
The market doesn't create gamblers.
It doesn't create disciplined traders either.
It simply amplifies what's already inside you.
One Final Question...
Imagine someone guaranteed you this today:
From tomorrow onwards...
Trading will never feel exciting again.
No adrenaline.
No emotional highs.
No rush after a winning trade.
No desperation after a losing one.
Only discipline.
Only patience.
Only probabilities.
Would you still open your charts tomorrow?
If your answer is yes...
You're probably becoming a trader.
If your answer is no...
Maybe you never wanted the market.
Maybe you were only chasing the feeling.
Because in the end...
The market doesn't reveal your strategy.
It reveals your character.
And the most important trade you'll ever make...
...is the one you make with yourself.
WERKTrader – The Black Sheep of Trading
Follow for more trading psychology, mindset and market analysis.
US 500 - Will Q2 Earnings, Inflation and Fed Warsh Shift SentimeAfter riding the wild swings driven by shifting AI hype and sky high valuations, then the escalation of tensions in the Middle East between the US and Iran, the focus for US 500 traders this week may shift back for a period to more event driven dynamics.
Q2 earnings season started last Thursday when PepsiCo reported, but it gets into full swing this week with the major US banks, such as Bank of America, JP Morgan, Citigroup, Goldman Sachs and Morgan Stanley reporting on Tuesday and Wednesday, then shifts to a tech focus with TSMC, the world’s largest manufacturer of advanced AI chips and a key supplier to important US 500 constituents NVIDIA, Apple, AMD and Broadcom, reporting before the open on Thursday, and then Netflix reporting after the close. Q2 performance may take on a greater emphasis this time around as traders want to see if the current stretched valuations are justified and whether management flag any cost or future revenue concerns created by the on-going Iran conflict.
Not only that, but traders will also receive the outcome of the latest US inflation readings, with consumer inflation (CPI) due on Tuesday at 1330 BST and then factory gate inflation (PPI), due at the same time on Wednesday. While market expectations for a Fed rate hike at their meeting in late July may have reduced, the jarring impact of a resumption of hostilities in the Middle East, have seen rate hike expectations for a move later in the year spike again, something which has weighed on US 500 prices. This topic is something that Fed Chair Kevin Warsh may discuss in his first testimony to Congress which commences at 1500 BST on Tuesday.
Looking forward, the US 500 has dropped 0.6% from 7560 to 7530 at the start of the week as traders respond with caution to conflicting reports on the closure of the Strait of Hormuz to oil shipping and prepare for the possible volatile week ahead.
What happens next could be influenced by shifting event driven sentiment and the response to the latest technical outlook, outlined below.
Technical Update: Decision Making Process?
Since the US 500 index posted its current all-time high of 7625 on June 2nd, more balanced themes have dominated. This has been reflected by a period of sideways activity, as price strength has been met by selling pressure to turn activity lower, only for buyers to emerge and reverse price weakness back to the upside.
What is particularly interesting about this activity, which suggests more balanced sentiment themes, is that the June price highs are at lower levels each time, while recent lows have been at a higher levels each time.
In this type of environment, a closing break above the latest failure high, or below the recent correction low is usually required to confirm which side has been able to come out on top and establish a more sustained price move in the direction of the eventual price break.
Potential Support Levels:
If the current sideways activity is to be resolved to the downside in a negative fashion, traders may be focused on the June 26th last correction low of 7300. Closing breaks below 7300 might be required to suggest downside momentum is emerging again, with risks of moves to lower levels.
Closing breaks below 7300 could trigger a deeper retracement of the March 31st to June 2nd advance, with scope toward 7208, equal to the 38.2% Fibonacci retracement and possibly then 7106, the April 29th low.
Potential Resistance Levels:
Of course, it is equally possible buyers begin to gain the upper hand, resulting in a more extended phase of price strength. If this is the case, it may be closing breaks above the latest failure high posted on June 15th at 7583 that is required to suggest it.
If the 7583 level is broken on a closing basis, it could lead to further price strength toward 7625, which is the June 2nd upside extreme, possibly even 7774, a level equal to the 38.2% Fibonacci extension.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
DXY: coiling between trendlines, waiting for the breakThe dollar index has been coiling since late May. Higher lows, lower highs — price is squeezing into a tight range and currently sits near the upper boundary.
Until the range breaks, there's no direction here — just a market getting ready to move.
Two imbalance zones sit below price:
— weekly 100.3–100.7 — the nearer one
— daily 99.8–100.2 — the next one down
These are the downside references if price breaks lower.
If the break comes to the upside, the first target is the 101.9 high area and the top of the range.
The plan is simple : wait for the range to resolve. A break and close beyond either trendline gives direction. Until then it's an observation, not a trade.
Not financial advice.
Nikkei Index Continues to Weaken FurtherThe regular trading session at the Tokyo Stock Exchange officially closed on Monday afternoon, July 13, 2026, locking in a tactical capitulation position that was quite stressful for the Asia Pacific bulls.
The benchmark Nikkei 225 index plunged sharply by 1.5%, crashing to around 67,500, while the Topix index also slipped, dropping a measured -0.2% to 4,026, evaporating the weekend's positive sentiment after being fueled by the escalation of the military clash in the Strait of Hormuz.
Global financial markets were legally forced to recalculate the draft increase in industrial input costs following the collapse of the temporary ceasefire in the Middle East.
Portfolio clearing hit the industrial technology cluster evenly:
- 🔸Yaskawa Electric ($6,506) Falls -14.2%: Leading a massive haemorrhage. The robotics and servo motor manufacturer's stock price crash was triggered by the release of a preliminary draft financial report that fell well short of market consensus estimates, sending a sharp alarm bell over a potential slowdown in global upstream factory automation capital spending.
- 🔸Taiyo Yuden Falls -4.8% & Kioxia Holdings Weakens -1.8%: The passive electronic components (MLCC) and flash memory clusters also suffered after being dragged down by the liquidation of daily profits by fund managers.
- 🔸SUMCO Corporation ($3436) Soars, +7.9%: In contrast to the tech slump, this pure silicon wafer manufacturer has seen a massive surge. SUMCO shares were snapped up following the market's firm calculation that, despite geopolitical turmoil, the demand for physical raw materials for pure silicon series remains strong, securing long-term draft orders from Samsung and SK Hynix.
- 🔸Mitsubishi UFJ Financial Group ($8306) Soars Resiliently +2.4%: The banking giant (MUFG) also reaped the benefits of firming BoJ rate hike expectations, acting as a key liquidity shield for the Topix index alongside investment giant SoftBank Group, which grew solidly +2.0%.
KSE 100 Outlook 13 July 2026📊 KSE-100 Technical Outlook
The KSE-100 Index remains in an overall uptrend, but the recent rejection from the 187,000–188,000 zone has triggered a short-term correction.
* Immediate Resistance: 183,500–184,000 (current recovery is facing selling pressure here).
* Immediate Support: 180,500. A break below this level could accelerate selling.
* Major Support: 177,700, which aligns with the rising trendline and is the key demand zone.
* Bullish Scenario: Holding above 180,500 keeps the broader bullish structure intact, with potential for another attempt toward 184,000+.
* Bearish Scenario: A decisive break below 180,500 may lead to a pullback toward 177,700 (around 2.5% downside), where buyers are expected to re-emerge.
📌 View: The medium-term trend remains positive. Any dip toward 177,700–180,500 can be viewed as a buy-on-dips opportunity, provided the rising trendline continues to hold.
Nasdaq 100 (US100): news flow leaning bearish — the net read
The wire has been busy on Nasdaq 100 (US100). Weighing the stories from the last 24h against each other — new against old, and tracking which ones have already faded:
−−− Oil Jumps, Futures Drop On Fresh Iran Strikes, Hormuz Confusion
−− US CPI and Fed Chair Warsh take center stage this week.
+ Here’s Why NVIDIA (NVDA) is One of the Best Quality Stocks to Buy According to Wall Street Analysts
− Angola widens FX reserve options as China ties deepen, adds yuan to bank reserve currency options, joining dollar, euro
+ NZ services sector returns to growth as PSI hits 50.6 in June
Net read: −−− leaning bearish — top of our scale.
What this is: a measure of which way the *news* is leaning right now — not a promise about price. Strong reads fade as the market digests them, and a fresh headline can flip the whole picture. That's exactly what we track.
The rule of this account: every read gets a public update once the market has had time to speak — the ones that landed and the ones that didn't. No deleted calls. Watch for the update on this idea.
(Informational only — not financial advice, not a signal.)
| DXY | CONFLUENCE INDEX | Q3 | W29 | D13 | Y26 |📈| Q3 | W29 | D13 | Y26 |
📊| DXY | CONFLUENCE INDEX |
💡| FRGNT DAILY CHART ANALYSIS |
This forecast is built using an advanced adaptation of Smart Money Concepts, with a structured and disciplined approach:
• Marking Key Points of Interest (POIs) on Higher Time Frames (HTFs) 🕰️
• Defining a clear, controlled trading range from those zones 📐
• Refining entries on Lower Time Frames (LTFs) 🔎
• Waiting for confirmed Break of Structure (BoS) before execution ✅
This process ensures precision, removes emotional decision-making, and keeps me aligned with the overall market narrative.
💡 Core Philosophy
“Capital management, discipline, and consistency create longevity.”
A strong risk-to-reward model, paired with high-probability execution, is the foundation of sustainable trading 📈🔐
⚠️ Understanding Losses
"Losses are part of the game" — a mathematical certainty 🎲
They don’t define performance. Nor do they define you as a Trader.
They are managed, reviewed, and used as evidence for growth 📊
🙏 Final Note
Appreciate you taking the time to review today’s forecast.
Stay disciplined 🎯
Protect your capital 🔐
— FRGNT 🚀📈
📌 Disclaimer
This content is provided for educational purposes only and does not constitute financial advice.
It reflects my personal approach to the markets — a tested framework that has supported my own journey toward consistent profitability in currency trading.
Please understand that any forecasts shared are not financial advice. I will be looking for confirmation in line with my setup model and specific entry criteria from the key areas identified on the chart.
All analysis, whether presented via image or video, is shared strictly for educational insight and is not intended to breach any TradingView House Rules.
TVC:DXY
DAX 40 4H — Pullback After a Breakout SpikeDAX 40 4H — Pullback After a Breakout Spike: Can Buyers Defend 24,800?
Market View
DAX 40 is currently trading around the 25,000–25,100 area on the 4H chart. After moving sideways for several weeks, the index made a sharp breakout attempt above the 25,600–25,800 zone, but the move quickly lost momentum and price pulled back toward the previous consolidation area.
This kind of price action shows that buyers are still active, but the market is not in a clean continuation phase yet. The recent spike higher was strong, but the rejection from the upper zone suggests that sellers are still defending the highs.
Right now, DAX 40 is sitting near an important short-term support area. If buyers can defend the 24,800–25,000 zone, the index may attempt another recovery toward the upper resistance area. If this zone fails, the market could return to a deeper consolidation structure.
Key Areas
From a market structure perspective, DAX 40 is still in a broader bullish-to-neutral structure. The index has recovered strongly from the March low and has been holding above the previous mid-range support areas. However, the latest rejection from the higher zone shows that bullish momentum is not fully confirmed.
The first key resistance zone is 25,300–25,600. This is the nearest area where sellers may appear again. If DAX can break above this zone, the next major resistance area is 25,800–26,000.
A sustained move above 26,000 would be an important bullish signal and could open the way toward 26,400–26,800.
On the downside, the nearest key support zone is 25,000–24,800. This area is important because price is currently trying to stabilize around it. If buyers defend this zone, the short-term recovery structure may remain valid.
Below that, the next support zone is 24,500–24,300. A deeper break below this area could weaken the current structure and bring DAX back toward 24,000–23,800.
Forward Outlook
For the bullish scenario, DAX 40 needs to hold above 25,000–24,800 and break back above 25,300–25,600 with confirmation. If this happens, buyers may push the index toward 25,800–26,000.
If momentum remains strong above 26,000, the next upside target could be 26,400–26,800. That would confirm that the recent pullback was only a temporary reaction after the breakout spike.
For the bearish scenario, if DAX fails to hold 24,800, short-term pressure may increase. In that case, price could move lower toward 24,500–24,300.
A clean break below 24,300 would suggest that the recent breakout attempt has failed, and the index may fall back toward 24,000–23,800.
Market Sentiment
Market sentiment is currently neutral to cautiously bullish.
The broader structure still has a bullish foundation, but the rejection from the upper zone has made buyers more cautious. DAX needs to defend 24,800 and recover above 25,600 to rebuild stronger upside momentum.
Above 25,600, bullish momentum may improve.
Above 26,000, breakout continuation may strengthen.
Below 24,800, short-term correction risk may increase.
Please share your view below:
Will DAX 40 defend the 24,800–25,000 support zone and recover toward 25,800–26,000? Or will sellers push the index below support and bring the price back toward 24,300?
Lets get ready for next week 7/12This video if for my subscribers where we go over our support and resistance levels on the SPX and on other charts as well. We did have a confirmation signal breakout on the daily chart but it did it on light volume which makes me stay on the cation side of things. BUT on the bigger time frames we still have a reversal candle on the weekly that we haven't confirmed a break out on it just yet. I'm going to be patient and wait for more signals before I can say for certain that we can go higher, also remember a lot of chip stocks have bearish set ups like upsloping parallel break downs with confirmation following NVDA like I warned about before and head and shoulders and just weak price action like LITE. The VXX has a falling wedge pattern with bullish divergence giving more bread crumbs that something isn't right! Lets just watch and see everyday we will get another piece of the puzzle!
U.S. Dollar Index 4H — Dollar Holds Above SupportU.S. Dollar Index 4H — Dollar Holds Above Support, Can Bulls Reclaim 101.50?
Market View
The U.S. Dollar Index is currently trading around the 101.15 area on the 4H chart. After a strong rally from the lower range near 98.00, DXY pushed higher and reached the 101.50–101.80 zone before entering a consolidation phase.
The broader structure still looks constructive, but the latest price action shows that momentum has slowed. Instead of continuing sharply higher, the index has been moving sideways between support and resistance. Buyers are still defending pullbacks, but they need to reclaim the upper resistance area to confirm stronger continuation.
Right now, DXY is sitting in a key short-term decision zone. If buyers can hold above 100.80–100.50 and push the price back above 101.50, bullish momentum may return. If not, the index may continue to consolidate or move into a deeper pullback.
Key Areas
From a market structure perspective, the U.S. Dollar Index remains in a bullish broader structure, but the short-term trend is currently consolidating.
The previous rally created a clear sequence of higher highs and higher lows, especially after the breakout above the 100.00 psychological level. However, after reaching the 101.50–101.80 area, the price started to lose momentum and entered a sideways range.
The first key resistance zone is 101.40–101.60. This is the nearest area buyers need to reclaim to improve short-term momentum. If DXY breaks above this zone, the next resistance area is 101.80–102.00.
A stronger bullish continuation would require the price to break above 102.00 and hold above it. If that happens, the next upside zone could be 102.50–103.00.
On the downside, the nearest key support zone is 100.80–100.50. This area has been defended recently and remains important for keeping the current bullish structure alive.
If price breaks below 100.50, the next support area is 100.00–99.80. A deeper break below this zone could weaken the bullish structure and bring DXY back toward 99.50–99.00.
Forward Outlook
For the bullish scenario, DXY needs to hold above 100.80–100.50 and break above 101.40–101.60 with confirmation. If buyers manage to do that, the index may retest 101.80–102.00.
If momentum continues above 102.00, the next upside target would be 102.50–103.00. A sustained move into that area would confirm that buyers are regaining control and that the broader bullish structure remains strong.
For the bearish scenario, if DXY fails to break above 101.40–101.60 and falls below 100.50, short-term selling pressure may increase. In that case, the index could move back toward 100.00–99.80.
A clean break below 99.80 would weaken the current structure and may open the door for a deeper correction toward 99.50–99.00.
Market Sentiment
Market sentiment is currently neutral to cautiously bullish.
The broader trend still favors buyers, but DXY needs to break above 101.50 to confirm stronger upside momentum. Until then, the index may continue to move inside a consolidation range.
Above 101.60, recovery momentum may improve.
Above 102.00, bullish continuation may strengthen.
Below 100.50, short-term correction risk may increase.
Please share your view below:
Will the U.S. Dollar Index break above 101.60 and continue toward 102.00–103.00? Or will sellers defend the resistance zone and push DXY back toward 100.00?
Nasdaq 100 4H — Bulls Hold the RangeNasdaq 100 4H — Bulls Hold the Range, But 30,000 Remains the Key Breakout Level
Market View
Nasdaq 100 is currently trading around the 29,800–29,900 area on the 4H chart. After a strong rally from the April low near 23,000, the index pushed aggressively higher and reached the 30,500–31,000 region before entering a consolidation phase.
The broader structure still remains constructive, but the latest price action shows that the market is no longer moving in a clean one-way uptrend. Instead, the Nasdaq 100 has been moving sideways between the 29,000 support area and the 30,500 resistance zone.
Right now, the index is testing the upper side of this short-term range again. If buyers can reclaim 30,000 and break above the recent resistance zone, bullish momentum may return. If not, price may continue to rotate inside the current consolidation structure.
Key Areas
From a market structure perspective, the Nasdaq 100 remains in a bullish structure overall, but the short-term trend is currently range-bound.
The strong recovery from the 23,000 area created a clear bullish impulse, with price forming higher highs and higher lows through April and May. However, after reaching the 30,500–31,000 zone, the index started to lose momentum and entered a choppy consolidation phase.
The first key resistance zone is 30,000–30,200. This is the immediate area buyers need to reclaim to improve short-term momentum.
Above that, the next important resistance zone is 30,500–31,000. This is the recent upper range, and a breakout above this area would confirm stronger bullish continuation.
If the index breaks above 31,000 with strength, the next upside target could be 31,500–32,000.
On the downside, the nearest key support zone is 29,300–29,000. This area has been defended several times recently and remains important for keeping the current range structure alive.
Below that, 28,500–28,200 becomes the next major support zone. If this area fails, the index may enter a deeper correction toward 27,500–27,000.
Forward Outlook
For the bullish scenario, the Nasdaq 100 needs to hold above 29,300–29,000 and break above 30,000–30,200 with confirmation. If buyers manage to do that, the index may retest 30,500–31,000.
A clean breakout above 31,000 would suggest that the consolidation phase is ending, and price may extend toward 31,500–32,000.
For the bearish scenario, if the Nasdaq 100 fails to hold above 29,000, short-term selling pressure may return. In that case, price could move back toward 28,500–28,200.
A clean break below 28,200 would weaken the current bullish structure and may open the door for a deeper pullback toward 27,500–27,000.
Market Sentiment
Market sentiment is currently neutral to cautiously bullish.
The broader trend still favors buyers, but the index needs to break above 30,000–30,200 before bullish momentum becomes more convincing. Until then, the Nasdaq 100 may continue to trade inside a consolidation range.
Above 30,200, recovery momentum may improve.
Above 31,000, bullish continuation may strengthen.
Below 29,000, short-term correction risk may increase.
Please share your view below:
Will the Nasdaq 100 break above 30,200 and retest the 31,000 resistance zone? Or will sellers defend the upper range again and push the index back toward 29,000?
NAS100: The Bear Case ConfirmedHere is a clean, structured description you can copy and paste directly into your TradingView post to go with that title:
Overview
The NAS100 (US Nasdaq 100) has officially broken down out of its multi-month Symmetrical Triangle pattern on the daily timeframe. Following a massive bullish expansion earlier this year, this breakdown signals a structural shift in momentum from bullish to bearish.
Technical Breakdown
Pattern Invalidation: Price has cleanly cracked below the lower ascending support line of the triangle, confirming a bearish continuation setup.
RSI Divergence: The breakdown is heavily supported by multiple verified Bearish Divergence signals on the daily RSI indicator. While price was consolidating near the highs, momentum was actively making lower highs. The RSI has now slipped below the 50 level (49.61), opening up room for a deeper correction.
Volume & Bias: The path of least resistance is now heavily skewed to the downside as long as the breakdown level holds as new resistance.
The Execution Plan (Taxpayer Trades Setup)
Entry: Current Market Price (~29,575)
Stop Loss (SL): 31,754.6 (Placed above the upper descending triangle resistance to allow the trade room to breathe during potential retests).
Take Profit 1 (TP1): 25,894.7 (Targeting major structural support and structural liquidity from late April).
Take Profit 2 (TP2): 21,894.6 (Extended target evaluating a full retracement back to the early 2026 support floors).
Risk-to-Reward Ratio: 1:2 on TP1 | 1:4 on TP2
Disclaimer: This is for educational purposes and reflects my personal charting setup. Manage your risk accordingly.
S&P 500 4H — Bulls Retest the HighsS&P 500 4H — Bulls Retest the Highs, Can the Index Break Above 7,600?
Market View
The S&P 500 is currently trading around the 7,570 area on the 4H chart, showing a strong recovery after the previous pullback toward the 7,300–7,350 zone. Buyers stepped back in from that support area and pushed the index back toward the recent high near 7,600.
The overall structure remains constructive. The index has recovered strongly from the earlier correction and is now testing the upper side of the recent range again. However, price is approaching a key resistance area, so the next reaction will be important.
If buyers can break above 7,600 with confirmation, the bullish trend may continue. If the index fails again near this zone, a short-term pullback or consolidation may appear.
Key Areas
From a market structure perspective, the S&P 500 remains in a bullish structure on the 4H chart. The index has been forming higher highs and higher lows since the strong recovery from the lower area near 6,300–6,400.
The recent pullback did not break the broader bullish structure. Instead, price found support around 7,300–7,350 and recovered back toward resistance. This suggests that buyers are still active on dips.
The first key resistance zone is 7,580–7,620. This is the current upper range and the area buyers need to clear to confirm bullish continuation.
If price breaks above this zone, the next resistance area is around 7,700–7,800. A stronger upside extension could bring the index toward 7,900–8,000.
On the downside, the nearest key support zone is 7,450–7,400. Holding above this area would keep short-term bullish momentum intact.
Below that, 7,350–7,300 is the more important support zone. This is where buyers previously defended the market. If that zone breaks, the index may enter a deeper correction toward 7,200–7,150.
Forward Outlook
For the bullish scenario, the S&P 500 needs to hold above 7,450–7,400 and break above 7,580–7,620 with confirmation. If this happens, buyers may push the index toward 7,700–7,800.
If momentum remains strong above 7,800, the next upside target could be 7,900–8,000. A sustained move above 8,000 would confirm a stronger bullish continuation structure.
For the bearish scenario, if the index rejects from 7,580–7,620 and falls below 7,400, short-term momentum may weaken. In that case, price could move back toward 7,350–7,300.
A clean break below 7,300 would suggest that the current breakout attempt has failed, and the index may move lower toward 7,200–7,150.
Market Sentiment
Market sentiment is currently bullish, but slightly cautious near resistance.
Buyers remain in control overall, and the recovery from the recent pullback shows that demand is still strong. However, the index is now retesting the previous high area, so confirmation above 7,600 is needed before the next bullish leg becomes more convincing.
Above 7,620, bullish momentum may strengthen.
Below 7,400, short-term pullback risk may increase.
Please share your view below:
Will the S&P 500 break above 7,600 and continue toward 7,800–8,000? Or will sellers defend the resistance zone and push the index back toward 7,300?
Gift Nifty indicates a gap-down opening around 24,060–24,030.Bullish Setup: If Nifty reclaims 24,100 and sustains above this level, it may rally towards 24,150–24,180. A strong breakout above this zone could extend the move to 24,220–24,240.
Bearish Setup: If Nifty fails to hold the 24,020–23,990 support zone, it may decline towards 23,940–23,900. A decisive break below 23,900 could lead to further downside.
My View: The overall trend remains cautiously bullish, but the weak Gift Nifty suggests that the market may witness a volatile gap-down opening. The opening hour will be crucial in determining the day's direction. I will wait for price confirmation before taking any trade rather than anticipating the move.
Trading Advice: Avoid trading immediately after the opening bell. Let the first 15–30 minutes pass and trade only after a confirmed breakout or breakdown with good volume. Protect your capital by using a strict stop-loss and avoid overtrading if the market remains range-bound.
Education purpose only and not financial advice.
Nifty PSU BANK indexNifty PSU BANK
Chart shared for Members Reference purpose.
Moving up in PARABOLIC UPTREND PATTERN .
Recently Retested the BO level and moving up.
Can be accumulated from current level too. (Choose the Best stocks in this indicies or can PSU BANK ETF)
Note : This VIEW is based on 3 months TIME FRAME Chart. Don't trade based on this for INTRADAY
$DJI daily and 4 hour charts showing steady market structureThe Dow continues to demonstrate business as usual price action near top levels.
Price action remains firm and momentum stepped up off June levels, but last week’s lighter volume suggests buyers are pacing themselves near the top. Expect sideways digestion or light volume consolidation before the next high volume directional push.
RSI and histogram indicators both reflect buying strength on the daily frame.
Subtle 4 hour histogram divergence plus lighter volume suggests we could see brief weakness or sideways consolidation before another leg higher. Any short term pullbacks look like healthy digestion rather than a trend change.
Overall trend remains firm. Respect the strength, but avoid chasing extended moves without volume confirmation.
Buyers defending key support zone?Dow Jones (US30) has bounced off the pivot, which has been identified as a pullback support and could potentially rise towards the 1st resistance.
Pivot: 52,205.30
1st Support: 51,574.40
1st Resistance: 53,332.40
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Bullish bounce potential?US Dollar Index (DXY) is reacting off the pivot, which is a pullback support, and could bounce towards the 1st resistance.
Pivot: 100.64
1st Support: 99.51
1st Resistance: 101.94
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
DXY - Week of July 13thSee levels and key areas for this week:
After you click the link, click “Grab this Chart” at the bottom/right of the chart or Load Live Bars on far middle-right.
“Grab this Chart” opens a copy of the chart environment, but it doesn’t automatically save as a permanent layout in your dashboard. Once the chart opens, you need to manually save it as your own layout by clicking the cloud/save icon at the top of TradingView , “Save As”, name the layout. After that it will show up in your saved layouts/dashboard going forward.
NDX - Week of July 13thSee levels and key areas for this week:
After you click the link, click “Grab this Chart” at the bottom/right of the chart or Load Live Bars on far middle-right.
“Grab this Chart” opens a copy of the chart environment, but it doesn’t automatically save as a permanent layout in your dashboard. Once the chart opens, you need to manually save it as your own layout by clicking the cloud/save icon at the top of TradingView , “Save As”, name the layout. After that it will show up in your saved layouts/dashboard going forward.
US Dollar: Bullish! Buy Any Dip!Welcome back to the Weekly Forex Forecast for the week of July 13 - 17th.
In this video, we will analyze the following FX market: USD Dollar
The USD is expected to remain firm and slightly bullish heading into the week, with some volatility via CPI and PPI announcements. The USD continues to be supported by a hawkish Federal Reserve stance and sticky inflation, which outweigh recent political and geopolitical cooling.
Enjoy!
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.






















