Welcome back to Traders War Room! As we approach Independence Day, it’s not just fireworks lighting up the sky. Some major technical setups are flashing on the charts, and traders are gearing up to make July count. Whether you’re into breakout plays or mean reversion, now is the time to prep your strategy.

Breakouts Worth Watching 

Several key stocks and ETFs are coiling in tight ranges, signaling potential breakouts. Keep your eyes on:

  • NVDA: Consolidating after a monster run. RSI reset, MACD curling.
  • XLF: Financials bouncing off 50-day MA, could lead July with rate pressure easing.
  • GDX: Gold miners forming a cup-and-handle, watch for volume confirmation.

Classic Technical Triggers 

MACD crossovers, RSI divergences, Bollinger Band squeezes—these classic tools are firing right now. Don’t overcomplicate it: trade the signals, not the noise.

This is also prime season for straddle plays. Low implied volatility means cheaper options, and when breakouts happen, they can run far and fast.

July Could Surprise You 

Historically, July has a bullish tilt. Especially in midterm and pre-election years. That gives even more weight to these technical signals. Scan, plan, execute. July’s best trades are being set up right now. Don’t blink. Check out TradeWins Daily for more setups, insights, and expert breakdowns.

Happy Trading!