US500: Fading the Fluff – Intraday Short Opportunity as Momentum Wanes

Market Structure & The Sideways Grind

The US500 has been treading water, currently sitting at 6042.24 after a minor 24-hour dip of -0.13%. We're seeing a clear sideways trend, with price contained firmly within the 6030.61 to 6053.88 range over the last day. While the market might appear resilient