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Stalls just shy of 10740 | Dip rise dip today | 10730 10790 resistance | 10615 support

Technical analysis for 7th July 2026

We head into Tuesday’s session with the broader tone across equities still constructive after another positive US close overnight. The S&P 500 and Nasdaq both pushed higher on Monday, led by renewed strength in the semiconductor space, while expectations for a near-term Fed hike remain relatively contained after last week’s softer payrolls data. That keeps the backdrop supportive for risk assets, even if some of the major indices are starting to look a little stretched in the short term.

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