Support: The Market’s Safety Nets (Or Not) First up, 6026—our hero of the day. But don’t blindly trust it; it’s like a maybe-reliable friend. If it holds, great! If it doesn’t, brace for a slippery slide to 6017 and then 5993, the market’s favorite “magnet” that just can’t stop pulling prices back in. Below that, 5972 is where the drama really unfolds. A failed breakdown here could be the plot twist we’re waiting for—like the hero coming back just when all hope seemed lost. Lower down, we’ve got 5954 and 5938, the seasoned veterans of support. But let’s not get too cozy; if these levels go, we’re in for a spicy tumble. Resistance: Where Bulls Break a Sweat Resistance is lurking, starting with 6038 and 6044, both ready to smack the bulls back down if they charge too fast. Beyond that, it’s 6054, 6073, and 6104—the next breakout targets for those bullish enough to keep climbing the ladder. For you daring short-sellers out there (we see you, thrill-seekers), 6044 and 6073 might tempt you, but beware—shorting strength is like challenging a bull to a dance-off. You’ll probably lose. Bull Case: Keep Riding the Wave It’s been a week of bull flag breakouts, and the bulls are still throwing a party. As long as 5993 holds, it’s all systems go. The best-case scenario? ES builds a little base between 6026 and 6044 overnight, then rockets straight to 6054, 6073, and 6104—because why not aim for the stars? If 6026 dips but recovers, bulls could use that as a sneaky buying opportunity. But if we get a full-blown pullback to 5993, don’t panic; it’s just the market catching its breath. Bear Case: A Long Shot The bears are hiding, waiting for 5993 to break like a shaky piñata. But let’s be real—most breakdowns end up as traps, like trying to catch a greased pig. If you’re up for the challenge, watch for a bounce or failed breakdown at 5993, then strike below the low (probably around 5987). And for the pros out there, a breakdown at 6017 could be a slick short play, but only if all criteria are met. Newbies, maybe sit this one out—this is advanced-level chaos.

Chopping in a multilevel Range

Support: “The Floor Is Lava” Edition First stop: the 6002–5998 zone, a level so worn out it’s practically begging for a break. Below that, we’ve got the diva of the day, 5989, a major pivot that screams, “You shall not pass!” If it fails, we’re sliding down the market’s slippery slope to 5962, aka “Knife-Catcher Central.” Bring your gloves, and don’t forget your helmet. And then there’s 5942, the last hope before the basement. This one’s been through enough tests to qualify for a Ph.D. but might still have one reaction left—if it’s feeling generous. Knife-catching here is for the brave, the bold, and the slightly unhinged. Resistance: “Bulls’ Worst Nightmare” Up top, 6027 and 6038 are the levels that refuse to quit. They’re like those final bosses in video games—you’ll break a sweat trying to push past them. But if the bulls keep up their momentum, we’re headed for 6060, 6075, and 6100—the ATH party zone. Bring your champagne. For counter-trend shorts? LOL. If you’re feeling daring, 6027 might have a reaction or two left, but don’t bet your lunch money on it. Bulls are in control, and this resistance is like trying to stop a freight train with a paperclip. Bull Case: “Pump It Up” Bulls are riding high after breaking out of a two-week flag, and they’re not looking back. The key for Tuesday is holding 5988–93. From there, expect a ping-pong match between 5988 and 6027, with a few cheeky detours to 6038. If all goes well, the next breakout leg takes us to 6060+, where the bulls can flex their gains and start shopping for yachts. But if 5988 cracks, the bulls might take a breather down at 5960—a quick regroup before charging back up. Bear Case: “Hope and Pray” Bears are standing on the sidelines, shouting, “Please, let 5988 fail!” If it does, we could flush to 5960s, but let’s be real—most breakdowns fail harder than a bad karaoke night. If you’re new, maybe just sit this one out unless you love the feeling of getting trapped. Pro tip: bears have a terrible track record here, so keep your expectations low.

The Support Squad: Aka “Where Price Grabs a Snack” We’ve got a buffet of supports lined up, from the sturdy 5980 to the “been through some things” 5944. The star of the show is 5972, which has been holding the market like a champion bouncer. If it cracks, though, it’s freefall city—think “slip ‘n slide” all the way to 5944. Don’t even try bidding the first supports blindly; they’re as unreliable as your flaky friend who might show up to brunch. Look for 5967 or a dramatic comeback at 5972 if we flush. And let’s not forget our “knife-catching” adventure at 5908, a level so tested it’s practically auditioning for a cooking show. Resistance Row: “Where Bulls Hit Their Heads” Up above, 5988 and 6027 are major resistance zones. Picture bulls charging at them with a “what could possibly go wrong?” attitude. If we squeeze higher on Monday, keep an eye on 6027 for some serious pushback. It’s like the market’s sarcastic big sibling—always there to keep things in check. Bull Case Monday: “Keep the Party Going” The bulls are still DJing this party as long as 5885 holds (even though it’s chilling 100 points below). For Monday, their new mantra is “hold 5972 and 5945.” If they pull that off, we’re cruising past 6000 to 6002, then straight to 6026—a level that’s practically a magnet for bullish dreams. Bulls, though, please avoid adding strength recklessly. It’s like showing up late to a party and trying to start a conga line—just awkward. Look for a dip and recovery below 5980 for constructive adds. Bear Case Monday: “When Things Go South” The bears are lurking, but their hopes rest on failed supports like 5972 and 5945. If those break, we’re headed for a breakdown extravaganza. These are the risky trades your mom warned you about: high-risk, high-reward. Imagine trying to catch falling knives while blindfolded—it’s all fun and games until you lose a finger (or a few ticks). For new traders, maybe skip these breakdowns unless you’re ready for a wild ride. If the market traps you, don’t worry—it traps everyone. The bears are basically hoping the bulls trip and fall at 5945, giving them a chance to swoop in.