US500: Peak or Pullback? Watching Key Resistance Levels

US500ShortSwing2h ago4 views

Trade Setup

Entry Price

6087.00

Stop Loss

6146.00

Take Profit

5968.00

Risk : Reward

1 : 2.02

RiskReward

The Setup: Hunting for a Reversal


Alright team, let's talk US500. It's been a beauty of a run lately, staying bullish, currently sitting at 6074.7 and up a solid 0.41% today. But you know me, I always look at both sides of the coin. While the trend is definitely up, we're getting awfully close to some significant resistance. My chart is showing signs of potential exhaustion as we approach the day's high of 6111.74 and that 6100 psychological level. I'm eyeing a swing short here, waiting for

Comments

Loading comments...