Strong Index Breakouts, Range-Bound Commodities

XAGUSD (Silver)

Silver Stuck Below $33.66 – Consolidation Continues

XAGUSD trapped between $33.66 resistance and $32.08 support. RSI neutral near 50. Breakout or pullback could define the next move.

XAGUSD (Silver) remains range-bound between key resistance at $33.66 and support at $32.08. A recent breakout attempt above the descending trendline was rejected near the 33.50–33.70 supply zone, signaling strong selling pressure. Despite a brief move above resistance, price quickly reversed, highlighting bearish control at the top of the range. RSI holds near 50, reflecting market indecision. Unless bulls can reclaim and sustain above the $33.66 level with momentum, consolidation or a retest of the $32.08 support is the more probable scenario.

NQM2025 (NASDAQ Futures)

NASDAQ 100 Breaks Out – Next Target 22,328 in Focus

NQM2025 breaks above 21,464 with rising RSI and momentum. Bullish continuation likely toward 22,328 unless reversal emerges.

NQM2025 (NASDAQ 100 futures) has broken decisively above the 21,464 resistance level, confirming a bullish continuation. The recent consolidation below this level served as a reaccumulation phase, and the breakout reflects renewed risk-on sentiment. The next technical target is projected near 22,328. RSI is currently above 70, indicating strong bullish momentum but also nearing overbought conditions. The price structure remains clean, with increasing demand and institutional flow supporting the upward move. As long as the breakout holds, the trend remains bullish.

ESM2025 (S&P 500 Futures)

S&P 500 Futures Eye 6,150 After Bullish Breakout

ESM2025 breaks above 5,920 resistance. If 6,000 is cleared, rally may extend toward 6,150. RSI above 68 confirms bullish strength.

ESM2025 (S&P 500 futures) has broken through the key resistance at 5,920 and is now approaching the psychological 6,000 level. This breakout follows a period of consolidation and signals strong bullish sentiment across U.S. equities. If price action holds and delivers a daily close above 6,000, the path may open toward the next resistance at 6,150. The RSI is climbing above 68, reflecting strengthening momentum. However, failure to hold above 5,920 could result in a pullback to the 5,773 support zone.

BRENT

Brent Crude Awaits Breakout at $68.70

Brent trades near $65.86 under key $68.70 resistance. A breakout could target $72.80, while rejection risks a drop to $64 or $60.

Brent crude oil is consolidating below the pivotal $68.70 resistance level, trading around $65.86 within a broader sideways range. The price is nearing the upper boundary of the blue supply zone, a region that has triggered multiple rejections in recent months. Bulls must push through this resistance to open the path toward the $72.80 target. If price fails again at this level, downside risks include a pullback to $64.00 or the more substantial demand zone near $60.00. RSI remains neutral around mid-range, reflecting indecisive momentum in the current setup.