| ◇ | 7,894.87 | UP | derived — 1% beyond 7,816.70; active only on a confirmed break |
| ★★★★★ | 7,816.70 | UP | The year's ceiling — clear it and the bull case finally gets teeth. |
| ★★★ | 7,771.48 | UP | Bull trigger — a daily close above hands buyers the supply lid. |
| ★ | 7,719.01 | Yesterday's high, light resistance — a speed bump, not a wall. | |
| → | 7,704.13 | last close (-0.02%) | |
| ★ | 7,677.02 | Session floor just under spot — first test on any pullback. | |
| ★★★ | 7,638.17 | DP | Bear trigger — lose this on a close and sellers take the wheel. |
| ★★★ | 7,611.20 | DP | Demand shelf and first downside target — dip buyers have shown up here. |
| ★★★★ | 7,581.50 | DP | A month of support stacked here — a real line, not noise. |
| ★★★★ | 7,507.77 | DP | Swing low and a four-touch magnet — the bulls' last stand. |
| ◇ | 7,505.68 | DP | derived — 1% beyond 7,581.50; active only on a confirmed break |
| ◇ | 7,432.69 | DP | derived — 1% beyond 7,507.77; active only on a confirmed break |
| ★★★★ | 7,313.92 | DP | Next multi-week shelf if the floor gives — thinner air below it. |
| ◇ | 7,240.78 | DP | derived — 1% beyond 7,313.92; active only on a confirmed break |
| ★★★★★ | 6,316.91 | DP | The year's floor — everything above this is just rotation. |
| ◇ | 6,253.74 | DP | derived — 1% beyond 6,316.91; active only on a confirmed break |
🟢bullish | $7,704.13 · swing (days–weeks)
🟥Bear trigger: < 7,638.17 (daily close)
🟩Bull trigger: > 7,771.48 (daily close)
🎯7,611.20 → 7,600.00 (downside) · 7,800.00 → 7,816.70 → 7,850.00 (upside)
🛡️7,771.48–7,816.70 = supply lid
⚖️EQ 7,662.24 = equilibrium pivot
–Swing high 7,816.70 and swing low 7,507.77 are the two liquidity magnets on this chart — expect stop-run sweeps through both before any real reversal
–Closest resistance above: 7,719.01, 7,750.00, 7,771.48, 7,800.00, 7,816.70, 7,850.00
–Closest support below: 7,700.00, 7,677.02, 7,650.00, 7,638.17, 7,611.20, 7,600.00
–Strongest nearby cluster: 7,507.77–7,551.31 (4 touches) — the deepest, most contested zone on the board
–Supply imbalance overhead at 7,771.48–7,816.70 — where rallies have stalled and reversed before
–Demand imbalance below at 7,611.20–7,638.17 — where dips have consistently found a bid
–Primary (trend-aligned long): buy a hold of the demand zone 7,611.20–7,638.17, or a daily close back above EQ 7,662.24 confirming buyers back in control
–First targets: 7,719.01, then the bull trigger 7,771.48, then the upside ladder 7,800.00 → 7,816.70 → 7,850.00
–Opposite setup (short): only valid on a daily close below the bear trigger 7,638.17 — a wick doesn't count, confirmation requires acceptance on the close — targeting 7,611.20 → 7,600.00
–Stops: longs sit below 7,611.20 (demand-zone floor), with the broader trend invalidated below the swing low 7,507.77; shorts stop on a reclaim back above 7,638.17 into EQ 7,662.24
–Watch the supply zone 7,771.48–7,816.70 for a sweep of the swing high 7,816.70 — a stop-run through the annual containment followed by rejection
–Confirmation: bearish engulfing or pin bar on the lower timeframe right at or just above 7,816.70
–Profit-taking ladder: 7,771.48 first, then the bear trigger 7,638.17, then 7,611.20, stretch target 7,600.00
–Stop just above the supply zone / swept high, 7,824.00, for the conservative version
–Watch the demand zone 7,611.20–7,638.17 for a hold, or a deeper sweep of the swing low 7,507.77 for the higher-R:R version
–Confirmation: bullish pin bar or hammer with a rejection wick closing back inside the zone, or bullish divergence on the lower timeframe
–Targets: EQ 7,662.24 first, then the bull trigger 7,771.48, then 7,800.00 → 7,816.70 → 7,850.00
–Stop just below the demand zone, 7,600.00, or below the swept swing low near 7,495.00 for the deep version
If price keeps holding above EQ 7,662.24 and dips into the demand zone keep getting bought, the path of least resistance stays up toward the bull trigger 7,771.48 and then the upside ladder 7,800.00 → 7,816.70 → 7,850.00. A daily close below the bear trigger 7,638.17 flips that, opening 7,611.20 → 7,600.00 first and the multi-week shelf near 7,581.50 if selling continues. The engine's own confidence is close to a coin flip — 51.9 on the 1-day read, 48.4 on the week — so treat both paths as live until one of the two triggers actually closes, with positive dealer gamma (call wall 7,900) arguing for chop and pinning rather than a clean trend day in between.
Not financial advice — analysis only.