US500: Riding the Bearish Wave. Trend is Friend.
US500ShortIntraday4h ago4 views
Trade Setup
Entry Price
6031.00
Stop Loss
6084.00
Take Profit
5898.00
Risk : Reward
1 : 2.51
RiskReward
Market Outlook
US500 is clearly bearish. We've seen a -0.49% drop in the last 24 hours, currently trading around 6020.36. This negative sentiment confirms the trend. The market tried to push up towards 6064.82 earlier but failed. The trend is your friend, and right now, it's pointing down.
Intraday Short Setup
I'm looking at a clean setup for an intraday short on US500. Levels are clear. I'm taking this trade:
* Entry: 6031 (targeting a retest of resistance)
* Stop Loss: 6084 (just above the
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