US500 Short Play: Resistance Holds, Looking for a Pullback

US500ShortIntraday5h ago2 views

Trade Setup

Entry Price

6051.00

Stop Loss

6052.00

Take Profit

6048.00

Risk : Reward

1 : 3.00

RiskReward

Market Outlook


US500 is stuck sideways right now, currently at 6050.58. We’ve seen the market struggle to push past 6051.45 today, the high of the day and a clear resistance point. The overall 24h change is almost flat at 0.01%, showing a real lack of conviction for a sustained move higher. For me, this indicates underlying cautious sentiment keeping a lid on bullish attempts.

Trade Setup


Levels are clear for a short scalp here. I'm taking this trade targeting a quick intraday dip.
Direction: Short
Entry: 6051
Stop Loss:

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