SPX500 TREND REVERSAL β BEARISH BREAKDOWN CONFIRMEDS&P 500SP:SPXLucasCapital_Proπ₯ SPX500 TREND REVERSAL β BEARISH BREAKDOWN CONFIRMED ππ₯ SPX500 Technical Analysis (3H Timeframe) π Market Structure: Bearish Breakdown from Uptrend SPX500 was moving in a strong bullish trend with a clean ascending trendline. Price has now broken below this key trendline support with strong bearish momentum, indicating a potential shift in structure and continuation towards lower demand zones. π Key Observations: β’ Ascending trendline support clearly broken β’ Strong bearish impulsive move β’ Lower high formation after breakdown β’ Retest possibility of broken trendline as resistance π― Bearish Targets: β’ TP1: 7,300 (1st Support Zone) β’ TP2: 7,150 (Major Demand Zone) π Stop Loss: Above 7,520 (Structure Invalidation Level) β Invalidation: A strong move back above 7,520 will invalidate the bearish setup and may resume bullish trend. π Bias: Bearish continuation expected as long as price remains below the broken trendline and fails to reclaim previous support.