US500 on the H1 chart has been oscillating between 6520 and 6660. After a brief rally to 6608, the index pulled back to 6570 and 6556, indicating a potential reversal. Volume spiked during the 14:00-15:00 candles (19,436 and 17,839), but recent volumes have fallen to 2,800‑3,200, suggesting a loss of conviction. The latest candle closed at 6556, below the 6600 resistance, confirming bearish momentum. The 6600 entry sits just above the short‑term 20‑period MA and near the 6658 resistance, making the SL logical. A target at 6520 aligns with the 30‑period EMA and the 6520 support level. Thus the sell…

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