S&P 500: Demand Broken, Downtrend ExpandingS&P 500SP:SPXOmorfus📉 #SPX — Breakdown confirmed, acceleration phase 🧠 Market overview The market has fully confirmed the bearish scenario: • Key zone 6550–6600 has been broken • Price accepted below → demand flipped into supply • Formation of an accelerating downtrend channel • Structure: clear lower highs + lower lows 👉 This is no longer a correction — this is a structural downtrend 🔑 Key levels 🟥 Resistance • 6550–6600 — major flip zone (now resistance) • 6700–6760 — supply zone + EMA50 • 6850–6900 — trendline (invalidation zone for shorts) 🟧 Support • 6450–6500 — nearest reaction zone • 6350–6400 (S1) — main downside target • 6300 — acceleration / capitulation zone 📊 Scenarios 🐻 Primary (high probability) Continuation to the downside • Retest 6500–6550 → rejection → continuation lower • Move toward 6400 → 6350 → 6300 👉 Channel slope suggests increasing downside momentum 🐂 Alternative Technical bounce • Quick reclaim of 6600 • Acceptance above → move to 6700–6760 ⚠️ Still counter-trend while below 6600 ⚠️ Chart signals ❌ Breakdown of key demand zone ❌ Acceptance below → structure shift ❌ Accelerating bearish channel ❌ RSI — no divergence, continued pressure ❌ OsMA — confirms downside momentum 💡 Trade ideas Intraday 🔻 Short from 6500–6550 Targets: 6450 → 6400 → 6350 Stop: above 6600 Short swing If price holds below 6450: → targets: 6350 → 6300 Counter-trend ⚡ Long only above 6600 reclaim Target: 6700–6760 (high risk, counter-trend) 🧩 Conclusion SPX has entered an acceleration phase to the downside after breaking key support Key level: 6550–6600 • below = weakness → continuation lower • above = potential bounce 👉 As long as price stays below 6600 → sell the rallies