US500 Short: Range Rejection Play

US500ShortScalp6h ago2 views

Trade Setup

Entry Price

6046.00

Stop Loss

6058.00

Take Profit

6017.00

Risk : Reward

1 : 2.42

RiskReward

Market Overview


US500 is currently trading at 6043.59, stuck in a sideways trend. We've seen rejection around the 6053.2 resistance level, which aligns with the top of the day's range. The slight negative 24h change (-0.11%) also adds a subtle bearish sentiment to the immediate price action. Levels are clear for a quick scalp.

My Setup


I'm taking this trade short on US500, looking for a move down within this range.
Entry: 6046
Stop Loss: 6058
Take Profit: 6017
This is a clean setup targeting the 6017 level, with potential to reach towards 6000 support if momentum picks up. Always manage your risk.

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