US500: Shorting Resistance, Intraday Play

US500ShortIntraday6h ago2 views

Trade Setup

Entry Price

6062.00

Stop Loss

6078.00

Take Profit

6023.00

Risk : Reward

1 : 2.44

RiskReward

Market Outlook


US500 is stuck. Current price 6058.76, pushing against the day's high of 6071.9. The trend is firmly sideways right now, and resistance is holding strong at 6071.9. No clear fundamental catalyst to break above 6100. This looks like profit-taking near the highs.

My Setup


I'm initiating a short position at 6062. This is

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