Also paying attention to NASDAQ for further downside movement.
Very similar like SPX , price action is showing us similar movement across the board.
the previous impulse did not continue down further, instead price begin to form this structure, correcting the price up.
Latest price action had a LTF pushdown, followed by a small correction. Good indication this is t he start of the next run.
I would wait for price to continue lower and break out of the structure, then look for LTF continuation correction to get in the sell.