The key support level for the ES index is at 6960.
This level is very critical—if the market begins to buy on dips but does not break below this point, a reversal is likely to be triggered. It can be expected that the price will rebound, either with a wave of buying before the close or extending into tomorrow's trading session before gaining strength.
Technically, this is a classic bottom confirmation signal. In the short term, holding this line is of paramount importance.
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StableNomad
· 3h ago
6960 holding or we're basically replaying the LUNA days all over again, ngl
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BoredStaker
· 3h ago
Can the 6960 line really hold? I have a feeling it might break through again.
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SilentObserver
· 3h ago
If 6960 doesn't break, there will be a show today.
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HodlKumamon
· 3h ago
Is this 6960 line really unbreakable? It feels like every time I hear this kind of statement.
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BankruptcyArtist
· 3h ago
Is 6960 really that sacred? Let's see if it breaks or not.
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GasWaster
· 3h ago
If we can't hold 6960 today, it's the end; betting on this wave to rebound.
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RektButAlive
· 3h ago
6960, this level really needs to be held. If broken, it will be troublesome.
Holding it will lead to a rebound; breaking it will mean continuing to dig a hole downward—simple and straightforward.
Feels like there will be some moves before the close today.
If this line can't hold, we'll have to run at the open tomorrow.
Waiting to see if it will really reverse; armchair strategizing is the most annoying.
The key support level for the ES index is at 6960.
This level is very critical—if the market begins to buy on dips but does not break below this point, a reversal is likely to be triggered. It can be expected that the price will rebound, either with a wave of buying before the close or extending into tomorrow's trading session before gaining strength.
Technically, this is a classic bottom confirmation signal. In the short term, holding this line is of paramount importance.