On the JPM M15 chart, the recent 5‑minute candles reveal a clear downtrend. The price opened at 292.53, peaked at 294.71, then slid to 291.58, with the high falling from 294.71 to 292.18. Volume has risen from 143 to 576 as the price declines, confirming selling pressure. The close of 291.58 sits just above the 291.5 support, while the 294.71 high forms a resistance that has not been breached. A short position is therefore justified: the entry sits near the current swing low, the stop sits just above the recent high, and the target aligns with the next logical support…

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