On the US500 M5 chart the market has entered a clear down‑trend. The last three candles show a series of lower highs (≈7498.5 → 7499.7 → 7496.8) and lower lows (≈7495.1 → 7493.1 → 7492.3), confirming bearish momentum. Volume spiked to 509 contracts on the second candle, indicating aggressive selling, then eased as the price slipped further. Earlier in the window the index rallied from the 7455 trough to a peak near 7519, but the recent break below the 7495‑7496 support zone suggests the bullish impulse has faded. The price is now testing the 7480‑7485 range, where a pull‑back could…

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