| ◇ | 7,894.87 | UP | derived — 1% beyond 7,816.70; active only on a confirmed break |
| ★★★★★ | 7,816.70 | UP | The line in the sand for the year — clear it and buyers own control. |
| ★ | 7,771.48 | Short-term ceiling; push through here and 7,800s come into view fast. | |
| ★ | 7,681.19 | First friction overhead — a close above puts resistance ladder in play. | |
| → | 7,666.60 | last close (+0.46%) | |
| ★★★ | 7,638.17 | DP | The pivot for the week — hold it and bulls stay in charge. |
| ★★★★ | 7,581.50 | DP | Demand shelf and cluster zone — a clean loss here turns the tape heavy. |
| ◇ | 7,505.68 | DP | derived — 1% beyond 7,581.50; active only on a confirmed break |
| ★★★ | 7,421.82 | DP | Secondary support if the shelf gives — first real test of trend health. |
| ★★★★ | 7,294.18 | DP | Deeper multi-week floor — a break here signals real trend change, not a dip. |
| ★★★★★ | 6,316.91 | DP | The year's foundation — lose this and the uptrend story is over. |
🟢bullish | $7,666.60 · swing (days–weeks)
🟥Bear trigger: < 7,638.17 (daily close)
🟩Bull trigger: > 7,816.70 (daily close)
🎯7,600.00 → 7,581.50 → 7,550.00 (downside) · no published upside ladder — a close above 7,816.70 opens fresh highs (upside)
🛡️7,816.70 = supply lid
⚖️EQ 7,565.31 = equilibrium pivot
–Swing high 7,816.70 and swing low 7,313.92 are the key liquidity zones — expect sweeps and manipulation wicks at both before any real reversal.
–Closest resistance above: 7,681.19, 7,700.00, 7,750.00, 7,771.48, 7,800.00, 7,816.70.
–Closest support below: 7,650.00, 7,638.17, 7,600.00, 7,581.50, 7,550.00, 7,500.00.
–Strongest nearby cluster: 7,525.94–7,581.50 (4 touches) — the most contested zone on the board.
–Supply imbalance overhead at 7,816.70 — rallies into the annual containment are where upside stalls and reverses.
–Demand imbalance below at 7,581.50–7,638.17 — dips into this shelf are where buyers have stepped in.
–Primary (trend-aligned): long on a hold of the 7,581.50–7,638.17 demand zone, riding the uptrend back toward resistance.
–First targets: 7,681.19 → 7,700.00 → 7,750.00, with 7,771.48 and 7,816.70 as stretch targets on a strong week.
–Opposite setup: short only on a confirmed daily close below 7,638.17 — a breakdown, not a sweep, since it requires acceptance below the pivot.
–Breakdown targets: 7,600.00 → 7,581.50 → 7,550.00, with 7,505.68 (derived DP) in play on a deeper flush.
–Stops: longs below 7,581.50 (invalidated on a close under the 7,525.94 cluster low); shorts above 7,638.17 reclaim, or above 7,681.19 for the conservative version.
–Watch the 7,816.70 supply zone (annual containment / swing high) for a rejection on a rally.
–Confirmation: bearish engulfing or pin bar at 7,816.70, or a lower-timeframe breakdown once price stalls there.
–Entry on the rejection candle close, stop just above 7,816.70 (swing high buffer).
–Profit-taking ladder: first scale at 7,600.00, second at 7,581.50, final at 7,550.00.
–Conservative version: same stop above the swing high, trail down as each target prints.
–Watch the 7,581.50–7,638.17 demand zone for a hold, or a sweep of the 7,313.92 swing low for the aggressive version.
–Confirmation: bullish pin bar or rejection wick off the zone, or a reclaim after the swing-low sweep.
–Entry on the confirmation candle close, stop below 7,581.50 (or below 7,313.92 for the sweep version).
–Targets: 7,681.19 → 7,700.00 → 7,750.00 → 7,771.48, with 7,816.70 as the stretch target.
–Trim into each resistance level rather than holding for one exit.
If 7,638.17 fails on a daily closing basis, look for a slide into the 7,581.50 multi-week shelf and the 7,525.94–7,581.50 cluster, with 7,505.68 (derived) the next stop on a deeper flush. If 7,638.17 holds, the path stays open toward 7,816.70, and a confirmed close above that annual containment flips the picture toward the derived 7,894.87 level and fresh highs. The engine's confidence sits at 52–53 — that's a mixed read, so both scenarios stay live until one trigger actually breaks.
Not financial advice — analysis only.