Weekly Outlook

Economic Calendar

Technical analysis

DXY – US Dollar indice is ranging

I’ got no clear direction for DXy as the week is starting. Maybe small reracement lower to OTE levels and rally again.

DXY - daily chart screenshot

Currencies – Same indecision as DXY;

6E & 6B daily chart screenshot.

Indicies – Undecisive on high time frame

Prices are around all time highs but ranging around these levels. My concern is that the 4 previous monthly low has not been taken yet. As of now, as price is ranging, you can play both side on lower timeframe. RTY gives more signs of bearishness because we can see a CISD lower on daily timeframe.

NQ, ES , YM & RTY daily chart to start week 3 of July 26

Metals – No plan on HTF yet

I was expecting a stronger reaction on daily TF from the monthly BISI. But this small grind up make me think of a little retracement before lower again. Structure is bearish on Monthly and weekly TF but made a bullish CISD on daily Chart .