US500: The move up was a trap, and Friday was the snap backUS500BLACKBULL:US500Yankee_algoAll of last week, the S&P pushed higher - but it wasn't a bullish move. It was the market collecting liquidity above the highs before the real move. Friday told the story. Price swept the previous week's high right into a 4H order block acting as resistance, collected all the stops sitting above — then immediately rejected and printed a clear structural shift on the lower timeframe. In plain terms: the move up was a trap, and Friday was the snap back. The weekly profile now looks bearish. The equal lows sitting at 7,310 are the logical next target, and they line up almost perfectly with the -2 standard deviation extension — two completely different tools pointing at the exact same level. That's not random. Invalidation: A clean daily close above 7,550 — that would mean the 4H order block absorbed the sellers and buyers are back in control. Timeframe: Bearish bias into the weekly close, targeting 7,310. Did you catch Friday's rejection at resistance? What's your read on indices this week — drop it below. Idea-sharing only, not financial advice.