US500 is showing potential for a bearish continuation. Recent lower highs (LH) and lower lows (LL) signal weakening momentum, and a clear downtrend line has formed. The current price of 5789 sits below key resistance, with increasing volume on price declines suggesting further downside pressure.
Entry Zone: Around 5789 Stop Loss: 6045 (above the recent swing high) Profit Targets: 5748 5695 5650 This idea targets short-term movements within the downtrend. With proper risk management, this could be a favorable opportunity for those aligned with the bearish setup! 📉