SPX - Continuing the downward trendGiven the flow of bearish orders on the daily and lower timeframes, the SPX is still in a bearish trend. Of course, if the weekly candle closes below 5771.3, the structure on this timeframe will also become bearish.
So in this situation, opening short positions is better than long positions. Note that any upward movement can only be a small daily correction.
We will probably see another BoS on the 15-minute timeframe today and the price could reach another support level.
Everything is clear on the chart
Watch, enjoy, be profitable