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(DXY chart) The question is whether DXY can move sideways below 102.034.
This is because if DXY falls below 102.034 and moves sideways, the investment market is expected to pick up.
Therefore, it is necessary to check whether it is sideways in the 97.401-102.034 section.
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(SPX500USD chart) The next period of volatility is around July 24th.
Therefore, it is necessary to see which direction the 4419.8-4447.7 section will be heading through this period of volatility.
If it rises above 4447.7, it is expected to rise around 4588.6-4654.0.
A decline below 4419.8 would expect a decline around 4310.8-4351.1.
(1M chart) It rose above the HA-High indicator on the 1M chart as it rose along the upward trend line at the bottom.
A rise from support on the HA-High indicator increases the likelihood of a break from the previous high.
So, the question is whether it can rise above 4588.6.
If you do not receive support at the HA-High indicator, there is a high possibility that it will fall to the vicinity of the HA-Low indicator, so you need to think about countermeasures.
Currently, the HA-Low indicator on the 1M chart is located at 909.3.
Therefore, as the SPX500 Index falls, the HA-Low indicator on the 1M chart is expected to rise and be created.
When the HA-Low indicator is touched, it is expected to create a new trend.
(1W chart) It rose above the HA-High indicator on the 1W chart, showing a rise above the first previous peak.
We need to see if we can break the 2 previous highs in the future.
So, the question is whether it can rise above 4447.7.
If it doesn't and falls below 4351.1, you should check for support near 4116.0-4169.6.
Since a sharp rise channel has been formed, I think the important point to watch is whether it can rise along this channel or break out.
In that sense, the 4351.1-4447.7 section is an important support and resistance section.
1. It is important that the DXY chart stays below 102.034.
The DXY Dollar Index chart shows the correlation between the US dollar and six other currencies (EUR, JPY, GBP, CAD, SEK, CHF), so if it moves sideways in the appropriate range (97.401-102.034), the international investment market will Because it's expected to be lively.
2. If you look at the SPX500USD and NAS100USD charts, they are located in an important section (HA-High on the 1M chart).
I think the possibility of renewing a new declared price (ATH) is increasing.
However, if there is no support in this critical area, the possibility of a new downtrend is also increasing, so careful and quick judgment is needed in trading.
Therefore, it is important to check whether there is support or resistance at the point or section mentioned in the chart description of SPX500USD and NAS100USD.
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