SPX's performance today is interesting. The intraday high reached 6966, but then it declined all the way down, finally closing at 6921. The key point is that the first attempt to break through the R1 resistance level at 6954 failed. If this is truly a reversal downward, it might retest the pivot support at 6837. However, a false breakout cannot be ruled out, and further observation is needed to confirm the direction.

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FUD_Whisperervip
· 01-08 04:23
Fake breakouts are tired of this routine; when 6954 gets stuck, you know it's a fake move. Let's wait and see about 6837.
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gm_or_ngmivip
· 01-08 00:50
SPX this wave is really interesting, the 6954 level wasn't broken through, obvious signs of fake breakout.
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ChainDoctorvip
· 01-08 00:50
Fake breakout, now the market is changing every day, making it impossible to predict. Only if 6837 really breaks will it be a concern.
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LiquidityLarryvip
· 01-08 00:49
Are you tired of the fake breakout tricks? Can the 6837 level hold? That's the real key.
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AirdropHarvestervip
· 01-08 00:49
It's another false breakout scenario. I'm tired of seeing this repeated. If 6837 can't hold, it will be really troublesome.
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BearHuggervip
· 01-08 00:43
It's the same false breakout story again, always tricking me into entering the market... I will only believe the reversal if 6837 is broken.
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CryptoPunstervip
· 01-08 00:39
Haha, the script of false breakouts is starting again. I bet five dollars that it will take another two weeks to tinker with it. --- R1 hasn't broken through either, are they joking with me? --- Watching 6837 with a smile, my long positions are singing a dirge. --- This move is truly "interesting," meaning they intend to cut my losses. --- Failure to break through should be something the bulls get used to, right? --- It's neither a reversal nor a false breakout. I guess it's "my wallet breaking its bottom line." --- 6954 didn't break through; will the story ahead be more exciting or more heartbreaking? --- Just keep observing; anyway, my principal is disappearing in the observation.
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