Oil is showing a strong rebound today and is currently up more than 3%. This is another clear example of how market sentiment can quickly shift from one extreme to another.
Extreme fear can push price above fair value, creating potential short opportunities. Conversely, extreme complacency or relief can drive price below fair value, creating potential long opportunities.
The key levels are $78 support and $84 resistance. However, neither level currently offers an attractive setup. Oil is highly sensitive to news and can experience sharp moves in either direction, so price would need to become significantly more extended before the risk-to-reward becomes favorable.
The Nasdaq has now fallen 10% from its all-time high, officially entering correction territory. Much of the decline has been driven by weakness in technology stocks, with concerns ranging from a potential AI bubble to growing Chinese competition in AI models and semiconductors.
Whatever the cause, the Nasdaq is now in a confirmed downtrend. However, markets do not move in a straight line, and no trend lasts forever.
Many technology and semiconductor stocks are approaching attractive buying levels. If they rebound as expected, the Nasdaq could stage at least a short-term recovery. A retracement toward the blue resistance line near 28,470 would be a typical technical move. The outlook will be reassessed if price reaches that area.
The S&P 500 remains considerably stronger and is currently trading near the midpoint between the two key blue horizontal levels.#nasdaq #S&P500
SILVER ANALYSIS – 29.07.2026 $XAG Silver is up nearly 2% this morning and is once again testing the orange resistance line. This remains the key level for the bulls.
Gold is showing a very similar setup. A confirmed breakout above this resistance could open the way for further upside. #silver
BTC is grinding its way back.. Still waiting on this for confirmation👍🏽
GODSGREG
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$BTC H4
Looking to short at 65800 res
My entry is an untapped 1hr fvg just above the 65800 res with an invalidation right above 67k major resistance
If 64k gives way then the dump will come faster than expected.
If 64k holds then we would be having pool of liquidity resting just below it while price retrace back to 65800 resistance where buyers either reclaim momentum or sellers prove themselves and defend the resistance then come back to claim liquidity below.
My entry is an untapped 1hr fvg just above the 65800 res with an invalidation right above 67k major resistance
If 64k gives way then the dump will come faster than expected.
If 64k holds then we would be having pool of liquidity resting just below it while price retrace back to 65800 resistance where buyers either reclaim momentum or sellers prove themselves and defend the resistance then come back to claim liquidity below.
⚖️ Bollinger Bands creator predicts Bitcoin bear-market end
John Bollinger suggested that Bitcoin price strength could "break" the entire downtrend if the reversal pattern is completed, in light of the BTC rebound.
Revolut is removing support for #USDT to comply with EU MiCA regulations, halting purchases on July 6, deposits on July 30, and final withdrawals by August 31. Remaining balances after August 31 will be automatically converted to fiat.