SPX Shaping up for the bearish sell

Hello traders:

Looking at SPX here for further development on the bearish move.

We see the price action had a bullish push up breaking previous highs.

However, price did not continue with continuation corrections, instead we see the bearish move down on the LTF.

This is a good indication that the bullish momentum is exhausted, and we may see the reversal happening in the coming days/week.

Wait for this LTF correction to develop and finish before getting in the sell.

Thank you