US500 Short Play: Riding the Bear Down

Market Outlook

US500 is heavy, no doubt. Sitting at 6020.01, down -0.5% in 24 hours. The trend is bearish, and the trend is your friend. Macro headwinds are keeping a lid on any significant rallies. I'm seeing continued downside pressure.

The Setup

Looking to scalp a short on US500. Entry at 6031. My stop loss is aggressive, set at 6085, just above resistance at 6065. I'm targeting 5896, aiming past the 5900 support level. This is a conviction play on bearish momentum. Watching closely for that entry.