US500: Fading the Pop for Intraday Shorts

Market Scan

US500 is trading around 6035.12, struggling to push past the day's high of 6057.44. The trend is clearly sideways right now, but we've seen a -0.25% dip over 24 hours. That tells me there's some underlying weakness or profit-taking. We're rejecting resistance here, not breaking out. Textbook technical setup