S&P500 Daily Chart Monday May 2: Short- Term' RESPITE in order?

$OEX Daily Chart the 'Go To' one given it's the BIG Cap Space that has been the locomotive for BOTH the COVID-19 Bull Run & now the 2022 Hangover Part III. 

Points to Note:

~ New YTD Lows amid an Indecisive Daily Candle Chart

~ ADX/DMI is STILL in Trend-Mode.....Down....respect this. 

~ RSI showing Minor Positive Divergences, a Good S/T Sign

Bottom- Line: Short- Term respite certainly doable with a likely Target circa the previous High & 38% retrace of losses since March's Counter- Rally to 2136 @ 1960 (a Good Year!).

Weekly Chart will Signal whether this is more than a 'Disposable Pleasure' for the Alpha Aggressive Tactical Types OR potentially a more 'Meaningful Pursuit' for the Portfolio Managers of the shadowy Beta Hugging pensive prognosticators........😐