US500: Bearish Momentum Confirmed – The Trend is Our Friend Downwards

Market Context and Trend Analysis

Alright team, let's cut straight to it on the US500. We've seen a clear shift in market dynamics. The current price sits at 6022.97, reflecting a -0.45% change over the last 24 hours, dropping -27.03 points. This isn't just noise; it's confirming a persistent bearish trend I've been tracking. The day range, from 5982.43 to 6063.51, shows sellers stepping in aggressively near the upper end. We had resistance holding strong at 6063.51 and more broadly around the **605