$SPX is cooling after a strong run and now consolidating around the 0.55 zone. Price is below short term moving averages, showing short term weakness, but selling pressure looks to be slowing as volume fades. This range feels like a decision area. Holding above 0.53 could build a base, while reclaiming 0.60 would be the first sign of strength returning. Until then, patience is key as the next move is likely being set up.