US500 Short Play: Resistance Holds, Looking for a Pullback
US500ShortIntraday5h ago1 views
Trade Setup
Entry Price
6051.00
Stop Loss
6052.00
Take Profit
6048.00
Risk : Reward
1 : 3.00
RiskReward
Market Outlook
US500 is stuck sideways right now, currently at 6050.58. We’ve seen the market struggle to push past 6051.45 today, the high of the day and a clear resistance point. The overall 24h change is almost flat at 0.01%, showing a real lack of conviction for a sustained move higher. For me, this indicates underlying cautious sentiment keeping a lid on bullish attempts.
Trade Setup
Levels are clear for a short scalp here. I'm taking this trade targeting a quick intraday dip.
Direction: Short
Entry: 6051
Stop Loss:
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