Market indices
Nifty levels - Jul 01, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
SPX: new ATH, despite allEconomy, geopolitics, trade tariffs, inflation, Fed moves. It seems that the market got tired of all news during the previous period, and decided to take the optimistic side, despite all. The S&P 500 reached a fresh, new all-time highest level on Friday's trading session, at 6.185. With the latest move, the S&P 500 managed to erase all losses from April this year, when the index tumbled around 20% after the implementation of trade tariffs.
The weekly trade tariffs news brought a termination of talks between the U.S. and Canada. However, what moved the market the most was the news that the US Administration settled a deal on trade tariffs with China. Although details of the deal were not publicly disclosed, still the market reacted very optimistic about it.
At the same time, the latest macro figures for the US are showing that the tariffs are slowly starting to reflect in the U.S. economy. The Fed's favorite inflation gauge, the PCE index increased by 0,1% in May, which was expected. However, the Personal Income and Personal Spending in May missed heavily market estimates. The Personal Income dropped by -0,4% for the month, while Personal Spending dropped by -0,1%. Analysts are pointing that these figures are showing that the US consumers are spending less due to increased prices of goods, after implementation of tariffs. At the same time, there was a slowdown in the U.S. GDP growth rate, final for Q1 was negative for the quarter, at the level of -0,5%.
Tech companies continued to be in the focus of investors' interest. APPL closed the week at $210,08, with a modest weekly gain of 0,24%. MSFT gained 3,87% for the week, closing it at $495,94. Market favourite NVDA surged by 9,74% within a week, closing at $157,75. AMZN also had a good week with a surge of 6,33%. Despite higher volatility, TSLA ended the week at 0,33% higher, underperforming other tech companies included in the index.
SPY/QQQ Plan Your Trade Sunday Update: Expect Extreme VolatilityThis update is somewhat general in context for a reason. I spent more than 25+ hours over the past few days using my predictive modeling and other advanced AI tools to identify what was going to happen over the next 12-36+ months and where traders could find opportunities for profits.
Right now, almost everything I've been sharing and talking about is about to unfold. This is bigger than you could ever imagine.
And, if you know when and where the markets are going to make the next big turn or run, you can really profit from these moves while protecting your capital.
I have been warning all of you for the past 12-24+ months about how the markets are going to move in a very volatile phase and how the SPY/QQQ could double or triple over the next 5+ years. I hope you guys were paying attention to all the details I shared.
The next big move in the market is going to be incredible. I don't think anyone is ready for what's next.
What I do know is my predictive modeling systems are showing one key element is at play right now. And over the next 3 to 10+ weeks, we'll know exactly how the next 12-24+ months will play out.
Get some.
Dollar Index DXY AnalysisSince the start of 2025, the US Dollar index DXY has faced a downside pressure driven by several key factors:
* Ongoing uncertainty around the US President trade tensions with major economies.
* Global Central banks reducing dollar exposure and reallocation toward other currencies and Gold.
* Growing market expectations for Fed rate cuts starting Sept-25.
* Raising concerns regarding US Debt levels, amplified recently by the "Big Beautiful Bill"
* Renewed clashes between Trump & Powell, raising concerns regarding the Feds credibility.
With all the factors above affecting DXY negatively, we have key major areas to keep our eye on:
* Breaking below the 96.5 we could visit the 95.5, and with additional sellers' momentum we could see the next level of 93.5
* On the other hand, if we have economic data supporting dollar strength. Breaking above 97.7 our next target could be 98.5, and with additional buyers' momentum we could revisit the 100-level flat.
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
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 only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or 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 and 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. easyMarkets 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.
SPX500 Extends Rally on Fed Hopes and China Trade DealS&P 500 Set to Extend Record Highs
U.S. stock futures climbed on Friday, continuing this week’s strong momentum on hopes of eased trade tensions and growing confidence in multiple Fed rate cuts later this year.
Futures tied to the S&P 500 and Nasdaq 100 pointed to fresh record-high openings, while the Dow Jones was set to rise by 150 points.
Adding to the bullish tone, Commerce Secretary Lutnick announced a trade agreement with China, reducing tariff risks and easing concerns over rare earth shortages.
TECHNICAL OUTLOOK – SPX500
The index has broken into new all-time highs (ATH) and stabilized above the 6,143 resistance level, confirming bullish strength.
As long as the price trades above 6,143, the uptrend is likely to continue toward 6,225, with potential short-term pullbacks to 6,143.
A 1H candle close below 6,143 could trigger a deeper correction toward the pivot zone at 6,098.
Key Levels
Resistance: 6,175 → 6,225
Support: 6,098 → 6,041
previous idea:
06/30 Weekly Gamma Exposure Outlook🧠 SPX Weekly Outlook — Gamma Breakout + Short Week Setup
The bulls finally broke through after weeks of painful grinding — and they did so with force.
📈 Thursday & Friday brought a textbook gamma squeeze as SPX sliced through the long-standing 6100 call wall , triggering sharp upside acceleration.
We are now firmly in positive Net GEX territory.
🔺 Entire GEX structure has shifted higher.
🎯 New squeeze zone at 6225 , with major call resistance near 6200 .
🔍 What Just Happened?
📊 The 6060–6120 zone acted as a tough resistance range for weeks — until last week’s breakout.
💥 Put skew collapsed , suggesting downside hedges are being unwound.
📉 VIX and IV keep dropping , confirming a shift toward lower-volatility environment .
🧲 Strong Net GEX across expiries created sustained upward dealer pressure → we’re in long gamma mode .
✅ Bullish Bias — But Stay Tactical
We're in a bullish gamma regime , so dips are likely to be bought.
Key pullback zone to watch: 6125–6060 .
🛠️ Strategy Ideas:
• Wait for a 6060–6125 retest before re-entering longs
• Use shorter-DTE bull put spreads or 0DTE gamma scalps above 6130+
• Scale out or trim risk near 6200–6225
⚠️ Risks to Watch
We’re overextended short-term.
🚨 Losing 6130–6125 could spark a quick flush to 6050 .
Bearish signals to monitor:
• IV spike or renewed put buying
• Loss of 6100 = no-man’s land without confirmation
• Consider short-term debit put spreads if breakdown confirms
🗓️ Short Trading Week Note
🇺🇸 U.S. markets closed Friday, July 5 for Independence Day.
This compresses flows into 4 sessions. Expect:
📌 Early week dealer hedging
📌 Possible positioning unwind on Thursday
💡 Weekly Trade Idea — Structure in Place
💼 Setup:
• Put Butterfly below spot
• 3x Call Diagonal Spreads above spot (5pt wide)
• Slight net negative delta , 11 DTE
🎯 Why it works:
• Leverages IV backwardation
• Profits from time decay
• Favors a stable or modestly bullish week
• Takes advantage of horizontal skew (July 11 vs July 14)
💰 Profit Target: 10–20% return on ~$1,730 risk.
Take profits before time decay kills the center valley — don’t overstay. 🏃💨
📌 Final Thoughts:
The 6100 breakout was technically & gamma-structurally significant ,
but big moves often retest before continuing.
Let price breathe.
Stay aligned with gamma exposure profile. 🔄
Bearish drop?US Dollar Index (DXY) has reacted off the pivot, which has been identified as a pullback resistance and could drop to the 1st support.
Pivot: 97.80
1st Support: 95.40
1st Resistance: 99.36
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given 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 only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or 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 and 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.
Nearly UK time to shine to 9,721Now it looks like it's UK time to shine.
It is priming for a strong breakout above the Cup and Handle.
Once it breaks the brim, it could be all upside to 9,721.
Large Cup and Handle
Price near above 20 and 200
Target 9,721
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Forex Weekly Round-Up - 30th Jun 25Dollar Index:
Dollar Index declined further, hovering near 97.0–96.9 — its weakest level since February 2022.
Key Driver: Markets digested a slightly hotter US core PCE inflation report (+2.3% YoY for May), paired with weak personal spending, reinforcing expectations that the Federal Reserve might pivot to rate cuts later this year.
GBPUSD:
The pound surged, touching highs around 1.3770 — its strongest in nearly four years — before dipping slightly to finish the week near 1.3720
Weekly gain clocked in around +2%, the largest move since early March
Rally Fuelled By : Broader dollar weakness, easing Middle East tensions (ceasefire), and dovish Fed signals suggesting potential rate cuts.
EURUSD
The euro enjoyed a rally, peaking near 1.1754 — its highest since September 2021 — before closing the week around 1.1720
Weekly gain came to approximately +1.7% to +1.9%, driven by euro strength and broad weakness in the US dollar
Traders are eyeing upcoming US data (PCE inflation, Michigan sentiment) for next directional cues
------------------------------------
I will be approaching the markets differently from now on.
Based on the feedback from past analysis, I will be compiling all related pairs into one video, giving you guys the ability to see how one asset affects the other.
This is called inter-market relationship and it's something i've been doing for years.
It gives you confidence on what pairs are 'Hot Picks' and the ones that have a high chance of not delivering the way you want.
SPXI've been waiting patiently for a real correction in everything, but my timing was drastically off. Looks like FOMO is still in charge. My guess, stock market to ATH after ATH for a while and a final wave of FOMO for crypto will enter the air.
I believe the majority are expecting a COVID-like rebound, followed by rally continuation, but the majority tends to be wrong.
What I can tell you is the true crypto bull run will not begin on optimism, as it has been...
It will begin on pessimism.
The market bias stays up, MJ stocks may be a buy here. The market continues to be biased up, and the target is likely the weekly B. MJ stocks are showing technical signs that a reversal may come. There may be other sectors similar as I think the summer bottom gamblers will start appearing now that everything else is at the highs. Gold looks like it will eventually go lower. Nat gas lost support and is likely to go lower. USOIL is bear flagging.
Economic Red Alert: China Dumps $8.2T in US BondsThe Great Unwinding: How a World of Excess Supply and Fading Demand Is Fueling a Crisis of Confidence
The global financial system, long accustomed to the steady hum of predictable economic cycles, is now being jolted by a dissonant chord. It is the sound of a fundamental paradigm shift, a tectonic realignment where the twin forces of overwhelming supply and evaporating demand are grinding against each other, creating fissures in the very bedrock of the world economy. This is not a distant, theoretical threat; its tremors are being felt in real-time. The most recent and dramatic of these tremors was a stark, headline-grabbing move from Beijing: China’s abrupt sale of $8.2 trillion in U.S. Treasuries, a move that coincided with and exacerbated a precipitous decline in the U.S. dollar. While the sale itself is a single data point, it is far more than a routine portfolio adjustment. It is a symptom of a deeper malaise and a powerful accelerant for a crisis of confidence that is spreading through the arteries of global finance. The era of easy growth and limitless demand is over. We have entered the Great Unwinding, a period where the cracks from years of excess are beginning to show, and the consequences will be felt broadly, from sovereign balance sheets to household budgets.
To understand the gravity of the current moment, one must first diagnose the core imbalance plaguing the global economy. It is a classic, almost textbook, economic problem scaled to an unprecedented global level: a glut of supply crashing against a wall of weakening demand. This imbalance was born from the chaotic response to the COVID-19 pandemic. In 2020 and 2021, as governments unleashed trillions in fiscal stimulus and central banks flooded the system with liquidity, a massive demand signal was sent through the global supply chain. Consumers, flush with cash and stuck at home, ordered goods at a voracious pace. Companies, believing this trend was the new normal, ramped up production, chartered their own ships, and built up massive inventories of everything from semiconductors and furniture to automobiles and apparel. The prevailing logic was that demand was insatiable and the primary challenge was overcoming supply-side bottlenecks.
Now, the bullwhip has cracked back with a vengeance. The stimulus has faded, and the landscape has been radically altered by the most aggressive coordinated monetary tightening in modern history. Central banks, led by the U.S. Federal Reserve, hiked interest rates at a blistering pace to combat the very inflation their earlier policies had helped fuel. The effect has been a chilling of economic activity across the board. Demand, once thought to be boundless, has fallen off a cliff. Households, their pandemic-era savings depleted and their purchasing power eroded by stubborn inflation, are now contending with cripplingly high interest rates. The cost of financing a home, a car, or even a credit card balance has soared, forcing a dramatic retrenchment in consumer spending. Businesses, facing the same high borrowing costs, are shelving expansion plans, cutting capital expenditures, and desperately trying to offload the mountains of inventory they accumulated just a year or two prior.
This has created a world of profound excess. Warehouses are overflowing. Shipping rates have collapsed from their pandemic peaks. Companies that were once scrambling for microchips are now announcing production cuts due to a glut. This oversupply is deflationary in nature, putting immense downward pressure on corporate profit margins. Businesses are caught in a vise: their costs remain elevated due to sticky wage inflation and higher energy prices, while their ability to pass on these costs is vanishing as consumer demand evaporates. This is the breeding ground for the "cracks" that are now becoming visible. The first casualties are the so-called "zombie companies"—firms that were only able to survive in a zero-interest-rate environment by constantly refinancing their debt. With borrowing costs now prohibitively high, they are facing a wave of defaults. The commercial real estate sector, already hollowed out by the work-from-home trend, is buckling under the weight of maturing loans that cannot be refinanced on favorable terms. Regional banks, laden with low-yielding, long-duration bonds and exposed to failing commercial property loans, are showing signs of systemic stress. The cracks are not isolated; they are interconnected, threatening a chain reaction of deleveraging and asset fire sales.
It is against this precarious backdrop of a weakening U.S. economy and a global supply glut that China’s sale of U.S. Treasuries must be interpreted. The move is not occurring in a vacuum. It is a calculated action within a deeply fragile geopolitical and economic context, and it carries multiple, overlapping meanings. On one level, it is a clear continuation of China’s long-term strategic objective of de-dollarization. For years, Beijing has been wary of its deep financial entanglement with its primary geopolitical rival. The freezing of Russia’s foreign currency reserves following the invasion of Ukraine served as a stark wake-up call, demonstrating how the dollar-centric financial system could be weaponized. By gradually reducing its holdings of U.S. debt, China seeks to insulate itself from potential U.S. sanctions and chip away at the dollar's status as the world's undisputed reserve currency. This $8.2 trillion sale is another deliberate step on that long march.
However, there are more immediate and tactical motivations at play. China is grappling with its own severe economic crisis. The nation is battling deflation, a collapsing property sector, and record-high youth unemployment. In this environment, its primary objective is to stabilize its own currency, the Yuan, which has been under intense downward pressure. A key strategy for achieving this is to intervene in currency markets. Paradoxically, this intervention often requires selling U.S. Treasuries. The process involves the People's Bank of China selling its Treasury holdings to obtain U.S. dollars, and then selling those dollars in the open market to buy up Yuan, thereby supporting its value. So, while the headline reads as an attack on U.S. assets, it is also a sign of China's own domestic weakness—a desperate measure to defend its own financial stability by using its vast reserves.
Regardless of the primary motivation—be it strategic de-dollarization or tactical currency management—the timing and impact of the sale are profoundly significant. It comes at a moment of peak vulnerability for the U.S. dollar and the Treasury market. The dollar has been extending massive losses not because of China’s actions alone, but because the underlying fundamentals of the U.S. economy are deteriorating. Markets are increasingly pricing in a pivot from the Federal Reserve, anticipating that the "cracks" in the economy will force it to end its tightening cycle and begin cutting interest rates sooner rather than later. This expectation of lower future yields makes the dollar less attractive to foreign investors, causing it to weaken against other major currencies.
China’s sale acts as a powerful accelerant to this trend. The U.S. Treasury market is supposed to be the deepest, most liquid, and safest financial market in the world. It is the bedrock upon which the entire global financial system is built. When a major creditor like China becomes a conspicuous seller, it sends a powerful signal. It introduces a new source of supply into a market that is already struggling to absorb the massive amount of debt being issued by the U.S. government to fund its budget deficits. This creates a dangerous feedback loop. More supply of Treasuries puts downward pressure on their prices, which in turn pushes up their yields. Higher Treasury yields translate directly into higher borrowing costs for the entire U.S. economy, further squeezing households and businesses, deepening the economic slowdown, and increasing the pressure on the Fed to cut rates, which in turn further weakens the dollar. China’s action, therefore, pours fuel on the fire, eroding confidence in the very asset that is meant to be the ultimate safe haven.
The contagion from this dynamic—a weakening U.S. economy, a falling dollar, and an unstable Treasury market—will not be contained within American borders. The cracks will spread globally, creating a volatile and unpredictable environment for all nations. For emerging markets, the situation is a double-edged sword. A weaker dollar is traditionally a tailwind for these economies, as it reduces the burden of their dollar-denominated debts. However, this benefit is likely to be completely overshadowed by the collapse in global demand. As the U.S. and other major economies slow down, their demand for raw materials, manufactured goods, and services from the developing world will plummet, devastating the export-driven models of many emerging nations. They will find themselves caught between lower debt servicing costs and a collapse in their primary source of income.
For other developed economies like Europe and Japan, the consequences are more straightforwardly negative. A rapidly falling dollar means a rapidly rising Euro and Yen. This makes their exports more expensive and less competitive on the global market, acting as a significant drag on their own already fragile economies. The European Central Bank and the Bank of Japan will find themselves in an impossible position. If they cut interest rates to weaken their currencies and support their exporters, they risk re-igniting inflation. If they hold rates firm, they risk allowing their currencies to appreciate to levels that could push their economies into a deep recession. This currency turmoil, originating from the weakness in the U.S., effectively exports America’s economic problems to the rest of the world.
Furthermore, the instability in the U.S. Treasury market has profound implications for every financial institution on the planet. Central banks, commercial banks, pension funds, and insurance companies all hold U.S. Treasuries as their primary reserve asset. The assumption has always been that this asset is risk-free and its value is stable. The recent volatility and the high-profile selling by a major state actor challenge this core assumption. This forces a global repricing of risk. If the "risk-free" asset is no longer truly risk-free, then the premium required to hold any other, riskier asset—from corporate bonds to equities—must increase. This leads to a tightening of financial conditions globally, starving the world economy of credit and investment at the precise moment it is most needed.
In conclusion, the abrupt sale of $8.2 trillion in U.S. Treasuries by China is far more than a fleeting headline. It is a critical data point that illuminates the precarious state of the global economy. It is a manifestation of the Great Unwinding, a painful transition away from an era of limitless, debt-fueled demand and toward a new reality defined by excess supply, faltering consumption, and escalating geopolitical friction. The underlying cause of this instability is the deep imbalance created by years of policy missteps, which have left the world with a glut of goods and a mountain of debt. The weakening U.S. economy and the resulting slide in the dollar are the natural consequences of this imbalance. China’s actions serve as both a symptom of this weakness and a catalyst for a deeper crisis of confidence in the U.S.-centric financial system. The cracks are no longer hypothetical; they are appearing in the banking sector, in corporate credit markets, and now in the bedrock of the system itself—the U.S. Treasury market. The tremors from this shift will be felt broadly, ushering in a period of heightened volatility, economic pain, and a fundamental reordering of the global financial landscape.
DXY Risk Reversal Blueprint: Monthly Chart Analysis
The DXY is currently 6.5% above the midpoint of a critical confluence zone ("the box") on the monthly chart, where multiple trendlines and a key 50%/61.8% Fibonacci retracement level align to form a powerful support/resistance area. The monthly timeframe amplifies this zone’s strength, with price repeatedly respecting these trendlines (marked with arrows), confirming their reliability. The recent large retracement in the DXY signals a potential major move as it approaches this mega support. In 2017 and 2020, the DXY entered the box, consolidated for ~300 days, and then reclaimed higher, resuming an upward trend. I expect a similar pattern this time: a 6.5% drop to the box’s midpoint (aligned with the 50%/61.8% Fib zone), followed by ~300 days of consolidation and an upside breakout, potentially signaling a market top for risk assets. This high-conviction setup serves as a blueprint to de-risk and guide portfolio decisions, such as trimming or adding to positions in stocks and crypto. Given the DXY’s inverse correlation with risk assets, a move into the box could favor accumulating risk asset positions, while an upside reclamation could prompt trimming to reduce exposure. Once the DXY nears this mega support, I’ll analyze lower timeframes (e.g., weekly, daily) for bottoming signals to confirm the reversal. Monitoring price action, volume, and candlestick patterns near the box is crucial for precise timing.
#DXY #TechnicalAnalysis #Fibonacci #Stocks #Crypto #HighConviction
This look promising for Crypto!The DXY breaking below its trend channel is a really positive sign for risk assets like Bitcoin and Altcoins. Usually, a weak dollar means more money flows into risk assets. The DXY's technical target is 89, which is the level to watch for the end of the crypto bull run.
BankNifty levels - Jul 01, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!