US500: Shorting the Bear Trend Down to Key Support

Trend is Friend: US500 Bearish Bias

US500 is clearly bearish, sitting at 6024.42 with a -0.42% drop over 24h. The day's range from 5986.04 to 6062.79 shows sellers are in control. My technical read says "simple is best": we follow the momentum.

Scalp Setup: Targeting Lower

I'm looking at a scalp short on US500. Entry at 6034. My Stop Loss is tight at 6080, just above recent resistance at 6062.79. The target is 5919, aiming for that 5950/5900 support zone. This looks like a textbook entry if sellers keep pushing.

Let It Play Out

The trend is down, and I'm riding it. We've seen rejection around the upper end of the day range. Waiting for confirmation below 5986.04 could open up further downside. Let's see how this plays out.