Signal US500 Sell — M5 - June 22, 2026 19:55 GMT-4
On the US500 M5 chart the index has been carving a descending channel since the high of 7552 in early June. The last three candles (1782157800‑1782171600) show a series of lower closes, with the most recent bar closing at 7492.06, just shy of the 7495‑7500 resistance zone that previously capped rallies. Volume has been telling: the strong spikes at 1781808000‑1781808900 (≈900‑930 contracts) backed a brief upward thrust, but subsequent bars have seen dwindling participation, indicating that buyers are losing conviction. The bearish momentum is further confirmed by the shrinking range and the failure to retest the 7510‑7520 highs. A break…