Previous resistance has now flipped to support—that's a bullish signal. When a key level that used to cap the upside becomes a floor, it usually means the breakout has real legs behind it. Traders are watching closely to see if this level holds and whether the index can sustain its momentum through this barrier. For the broader market and asset allocation, this move matters more than it might seem.
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ContractTester
· 01-15 13:36
Is the 7000 level really going to be broken? It feels a bit uncertain.
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NotAFinancialAdvice
· 01-15 03:44
Is the 7000 level really that sacred? It feels more like hype.
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NFTregretter
· 01-12 20:43
If I can't hold 7000 points, I’ll eat shit. By the way, this rebound was probably hyped up by AI again.
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RugpullTherapist
· 01-12 20:35
Tired of the saying that resistance turns into support, but we're still being led by the Federal Reserve like a puppet.
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TideReceder
· 01-12 20:33
Resistance turns into support. I've heard this saying too many times. Every time, it's about breaking through, but what happens? It just pulls back again.
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FarmHopper
· 01-12 20:25
This time really is different. I've heard the saying that resistance turns into support too many times before.
Honestly, I'm a bit skeptical about whether this wave can hold steady.
S&P 500 is charging towards the $7,000 mark 🚨
Previous resistance has now flipped to support—that's a bullish signal. When a key level that used to cap the upside becomes a floor, it usually means the breakout has real legs behind it. Traders are watching closely to see if this level holds and whether the index can sustain its momentum through this barrier. For the broader market and asset allocation, this move matters more than it might seem.