Key levels
6,917Resistance · 50DMA
6,894Resistance · 100DMA
6,862Resistance · 20DMA
6,852Resistance · Range resistance
6,822Resistance · Overnight high
6,777Support · Primary pivot / range support
6,765Support · Overnight support
6,700–6,692Support · 200DMA / structural support
Context
Overnight price stayed largely inside value, rotating between 6,768 and 6,822. The key level continues to be 6,777, which has held multiple times and is acting as the immediate pivot. We briefly dipped to 6,763, then recovered back into 6,777, suggesting buyers are defending this area. There also appears to be secondary support around 6,765. On the upside, the market is capped by 6,852, keeping price inside a clear range ahead of CPI, which is likely the catalyst for expansion. Above that zone sit the daily moving averages: 20DMA: 6,862 100DMA: 6,894 50DMA: 6,917 Below the range, the 200DMA at 6,692 remains the larger structural magnet if support breaks. For now this remains a range environment — meaning the edge is still buying support or selling resistance, not trading the middle.