$SPX Price is showing clear weakness after rejection near the 0.503–0.505 resistance zone, where sellers stepped in strongly........

After failing to hold higher levels, the market has shifted into a lower-high structure, and current price around 0.495 indicates bearish pressure building. This move suggests distribution at the top, with downside continuation likely as long as price stays below resistance.....

Structure favors a bearish continuation, with momentum shifting to sellers after resistance rejection. Holding below the 0.500 zone keeps downside targets active toward lower support areas.

Trade Setup 📉

Entry Point: 0.495 – 0.500

Stop Loss: 0.505

Take Profit:

TP1: 0.485

TP2: 0.474