Hello Traders,
As highlighted in last week’s newsletter, July has turned negative for the first time in more than a decade. That alone makes this month worth paying close attention to.
The question now is simple—but critical:
Can the market recover before July comes to a close?
In this newsletter, I’ll break down the key support and resistance levels, identify where buyers and sellers are likely to battle next, and discuss the price levels that could determine whether this pullback turns into a recovery—or something much deeper.
Let’s begin…
One thing I’ve noticed from the Substack analytics is that fewer than 20% of readers open the previous week’s newsletter.
That’s unfortunate, because each edition is intentionally kept short, focused, and actionable.
If you haven’t read last week’s issue yet, I strongly encourage you to spend just a few minutes going through it. The market doesn’t move in isolation—understanding the prior context will help you better interpret this week’s analysis and navigate the market with greater confidence and clarity.
This version is more encouraging than critical and gives readers a compelling reason to catch up before continuing.
This week features several high-impact events that are likely to shape the market’s direction. Increased volatility should be expected as traders react to incoming economic data, earnings, and policy developments. Understanding the key support and resistance levels ahead of these events will be crucial for navigating the market with confidence.
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