US500: Riding the Bullish Trend Higher - Long Setup

US500LongScalp5h ago2 views

Trade Setup

Entry Price

6065.00

Stop Loss

6023.00

Take Profit

6171.00

Risk : Reward

1 : 2.52

RiskReward

The Trend Is Your Friend


US500 is showing textbook bullish action. We're currently at 6073.51, up 0.39% for the day, clearly pushing higher. My play is a scalp long from 6065. Simple is best – we follow the momentum. This isn't just technical; broad market bullish sentiment is holding strong, giving this uptrend conviction.

Levels & Play


Key support sits at 6038.25, with a tighter stop loss at 6023. Resistance is up at 6108.77, but I'm looking for a push beyond that. My target is 6171. We saw the day range hold between 6038.25 and 6108.77, but the overall picture is clear. Let it play out, but the setup here is compelling for more upside.

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