S&P500 Index Futures Back in bearish outlook with price action below the key cloud chart levels!

S&P500 Index Futures Back in bearish outlook with price action below the key cloud chart levels! S&P500 index futures lost support at the bottom end of the cloud. If they index keeps trading below this critical cloud chart support zone this week then the outlook remains bearish on the 60M and 4 Hour cloud charts! Long-term outlook on the daily and weekly remains bearish since price action is below the cloud levels on those two charts and has been so since April! Need to see support come in at these short-term time frames for a recovery to take place! Downside risk remain high!