The S&P 500 Index ($SPX) experienced notable fluctuations in trading on October 15, 2024, with a cash gap filled at 5815.03, the closing price from the previous Friday. The index opened the day within a range of 5815 to 5830, indicating a potential for further movement. As the trading session progressed, the index was reported to be down on the week, with some analysts suggesting a healthy pullback was in play. The index was noted to be less than ten points from a significant downside level, and it was described as experiencing a 'downside death' by one analyst. Overall, the sentiment reflected a cautious outlook, with indicators suggesting a mini pullback might be beneficial for market reset.