US500 – Clean Retest of Broken Structure With Bearish ContinuatiPrice has retested the broken structure level (blue line) and is now reacting inside a premium zone, suggesting sellers may re-enter the market from this region. The consolidation and repeated rejections indicate absorption of buy-side pressure.
With HTF context still pointing toward a deeper correction, this LTF retest offers a potential distribution setup before a continuation lower toward the next major liquidity pocket.
Bearish Path:
• Retest of the broken structure
• Reaction from premium supply zone
• LTF breakdown and structure shift
• Continuation toward downside liquidity + inefficiencies below
