US500 Intraday Long: Targeting 6074

Technical Read

US500 is currently trading at 6042.33, holding within its day range of 6030.84 – 6053.83. The trend is sideways, but I'm seeing solid technical support around 6030.84. This level has held up well, indicating underlying buying interest is present.

The Play

Going long on US500 for an intraday scalp. My entry is set at 6040. I'm placing a tight stop loss at 6026, just below today's low. With no major bearish catalysts in sight, I expect buyers to push us towards the next resistance. My take profit is 6074. Aggressive, short-term play. Watching closely.