US500 Long: Momentum Play at 6054. Simple is Best.
US500LongScalp3h ago2 views
Trade Setup
Entry Price
6054.00
Stop Loss
6043.00
Take Profit
6083.00
Risk : Reward
1 : 2.64
RiskReward
US500: The Current Picture
The US500 is currently sitting at 6056.38, trading within a tight 24-hour range of 6046.81 to 6065.94. While the overall trend has been sideways, I'm seeing consolidation, which often precedes a move. We're holding above the immediate support at 6046.81. This tells me the buyers are still present, pushing against the 6065.94 resistance.
My Play: Aggressive Long Scalp
I'm looking for an aggressive long scalp here. Entry is set at 6054, targeting a push through current resistance. My stop loss is tight at 6043 – just below the daily low. I'm aiming for 6083 for
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