US500: Fading the Bounce into Resistance for a Swing Short

The Bearish Momentum and Key Technical Levels

Looking at the US500, we're currently trading around 6025.9, having dipped -0.4% (-24.1 points) over the last 24 hours. While some might be looking for a quick rebound, I'm eyeing a fade opportunity here. The prevailing trend remains bearish, and price action suggests we're seeing some attempts to consolidate, but ultimately, the path of least resistance still appears to be lower. The daily range from 5989.74 to 6062.05 highlights the volatility, but I'm particularly interested in seeing how price reacts around the 603