SELL US2000 – 2641.4

Technically the index opened lower, creating a clear gap that is now being tested; the price is below the prior swing high and aligns with bearish signals on the H4 and higher timeframes, while volatility remains elevated, supporting a quick move lower. Fundamentally, US inflation data came in softer than expected, increasing the probability of further Fed easing, which typically depresses small‑cap performance, and geopolitical uncertainties are adding to risk‑off flows. The confluence of the gap‑fill setup, multi‑timeframe bearish bias, and a macro environment unfavorable to risk assets justifies a short entry at 2641.4, a stop just above the gap‑fill structure at 2641.5, and progressive targets at 2641.32, 2641.25 and 2641.15.