PX500 Losing Momentum Near HighsUS 500CAPITALCOM:SPX500ClearTradingMindSPX500 has reached a strong resistance area after a powerful rally. The market is starting to lose momentum, and price is now moving sideways near the highs. This looks like a healthy pullback rather than the start of another strong push higher. If sellers step in around the current zone, I expect a move toward 7483 first, with 7425 as the next downside target. A strong break above the recent highs would invalidate the bearish idea and suggest further upside.