[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  SBI Securities [@_sbisecurities](/creator/twitter/_sbisecurities) on x 11.8K followers Created: 2025-07-29 03:11:10 UTC Global Market Pulse🌍: 🔸 On Monday, all three major U.S. indices opened with modest gains but struggled to maintain momentum, resulting in a relatively subdued session. Despite the choppy and directionless trading, both the Nasdaq and the S&P XXX managed to notch fresh record closing highs. The early optimism on Wall Street was driven by news of a last-minute trade agreement between the U.S. and the European Union, along with reports hinting at a likely 90-day extension of the tariff truce between the U.S. and China. 🔸 As the S&P XXX is trading at an all-time high level, all the moving averages and momentum-based indicators are suggesting strong bullish momentum. Hence, we believe the index is likely to continue its northward journey and test the 6450 level. On the downside, the zone of 6350-6330 will act as immediate support for the index. 🔸 #BrentCrude has been oscillating in the zone of $70.07-67.23 level since the last nine trading sessions. The broader trend remains sideways, with the daily RSI fluctuating within the 40–60 range over the past few sessions. Going ahead, the 200-day EMA zone of $70.50-71 will act as a crucial hurdle for Brent Oil. While on the downside, the zone of $67.50-67.30 will act as an immediate support. 🔸 The U.S. Dollar Index (#DXY) witnessed a sharp upside rally on Monday and ended at the XXXXX level with a gain of 1.01%. Most noteworthy, it has closed above the 50-day EMA level for the first time last week of February 2025. Goingforward, the zone of 99.10-99.30 will act as an immediate resistance. On the downside, the zone between 97.80–97.60 remains a crucial support area. Source: SSL Research Disclaimer :  XX engagements  **Related Topics** [wall street](/topic/wall-street) [rating agency](/topic/rating-agency) [nasdaq](/topic/nasdaq) [momentum](/topic/momentum) [$spy](/topic/$spy) [Post Link](https://x.com/_sbisecurities/status/1950031315895484780)
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SBI Securities @_sbisecurities on x 11.8K followers
Created: 2025-07-29 03:11:10 UTC
Global Market Pulse🌍: 🔸 On Monday, all three major U.S. indices opened with modest gains but struggled to maintain momentum, resulting in a relatively subdued session. Despite the choppy and directionless trading, both the Nasdaq and the S&P XXX managed to notch fresh record closing highs. The early optimism on Wall Street was driven by news of a last-minute trade agreement between the U.S. and the European Union, along with reports hinting at a likely 90-day extension of the tariff truce between the U.S. and China. 🔸 As the S&P XXX is trading at an all-time high level, all the moving averages and momentum-based indicators are suggesting strong bullish momentum. Hence, we believe the index is likely to continue its northward journey and test the 6450 level. On the downside, the zone of 6350-6330 will act as immediate support for the index. 🔸 #BrentCrude has been oscillating in the zone of $70.07-67.23 level since the last nine trading sessions. The broader trend remains sideways, with the daily RSI fluctuating within the 40–60 range over the past few sessions. Going ahead, the 200-day EMA zone of $70.50-71 will act as a crucial hurdle for Brent Oil. While on the downside, the zone of $67.50-67.30 will act as an immediate support. 🔸 The U.S. Dollar Index (#DXY) witnessed a sharp upside rally on Monday and ended at the XXXXX level with a gain of 1.01%. Most noteworthy, it has closed above the 50-day EMA level for the first time last week of February 2025. Goingforward, the zone of 99.10-99.30 will act as an immediate resistance. On the downside, the zone between 97.80–97.60 remains a crucial support area.
Source: SSL Research Disclaimer :
XX engagements
Related Topics wall street rating agency nasdaq momentum $spy