US500 Scalp: Rejection from Resistance, Targeting Support

Market Scan

US500 currently at 6064.96, showing a slight 0.25% gain, but the trend remains sideways. Price is pressing against the upper end of its daily range (6087.39). This consolidation, despite minor daily gains, suggests a lack of strong conviction to push higher right now.

The Play

I'm looking for a short scalp on US500. Entry at 6070, betting on a rejection from the 6087.39 resistance zone and potentially the 6100 psychological level. My Stop Loss is set tight at 6097. The trend is your friend, even within a range.

Target Downside

My Take Profit is aggressive at 6003. This aims for a retest of the strong