SPX500USD has broken out of its ascending support turned resistance line where it could potentially drop further. If it breaks past its support at 2662 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support), it could fall to its next support at 2630 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal swing low support).
RSI (89) has broken out of its corresponding ascending support line. Ichimoku cloud is also seeing bearish pressure which contributes to our bearish bias.