Bearish divergence (daily CCI (50) and RSI)
S&P500 is trading higher for the 4th consecutive day and jumped nearly 80 points after Trump and Xi Jinping have agreed to resume trade talks. It hits a fresh all-time high at 2981 and is currently trading around 2979.
US 10 year bond yield continues to trade lower and declined till 1.93% lowest level since 2016. It is currently trading around 1.97%.
The index's near term major resistance is at 3000 (161.8% fib) and any convincing break above will take to the next level till 3025/3050.
On the flip side, near term support is around 2966 (23.6% fib) and an indicative break below will take the index till 2942 (10- day MA)/2910 (Jun 26th low).
It is good to sell on rallies around 2982-84 with SL around 3000 for the TP of 2910.


GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro- Major European Indices
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro- Major Crypto levels and bias summary
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/NZD stuck in range but outlook is bullish 



