The S&P 500 index on M15 timeframe shows a clear downtrend with key resistance at 7564.79 failing to hold, as the close of the last candle broke below the high, signaling bearish momentum. The preceding candles formed a series of lower highs and lower lows, with the most recent candle closing at 7561.99, reinforcing the sell setup. Volume on the entry candle was notably lower than prior sessions, suggesting a potential reversal of buying pressure. The price action now appears poised to test the critical support level around 7560.00, which has acted as a key psychological barrier. If this support…

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