US500 Intraday Short: Playing the Range from Key Resistance

US500ShortIntraday3d ago3 views

Trade Setup

Entry Price

6061.00

Stop Loss

6078.00

Take Profit

6026.00

Risk : Reward

1 : 2.06

RiskReward

Market Overview & Current Technicals


Good morning, KoraFX community! Ava here, keeping a close eye on the US500, which is currently sitting at 6057.23. We've seen a marginal 0.12% gain (7.23 points) over the last 24 hours, but the overarching trend for now remains sideways, oscillating within a defined range. The day range has been quite narrow, from 6046.39 up to 6068.07.
What's immediately catching my attention is how the price is hovering right near the top of this daily range and approaching a critical

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