US500: Hunting for an Intraday Bounce from the Dip – Charts Don't Lie!

Alright legends, Hudson here from Melbourne, checking in on the US500. It's been a bit of a rough ride lately, with the market trending bearish and currently sitting at 6020.2, down 0.49% over the last 24 hours. The day range has been between 5975.5 and 6064.9, showing some volatility. Despite the overall bearish sentiment right now, I'm eyeing up a potential intraday long opportunity here.

Technical Readout