US500: Range Top Rejection – Short Scalp Play

Market Outlook

US500 is locked in a tight sideways range. Current price 6058.11, hovering near the daily high of 6070.26. We've seen resistance hold strong around this level, with no significant fundamental catalysts to push us higher. The immediate support is 6045.95.

The Trade

Given the lack of upward conviction and rejection from resistance, I'm looking for a short scalp. The trend is currently flat, but we can play the short-term pullbacks within this range.
* Entry: 6061
* Stop Loss: 6076 (Just above today's high and key resistance)
* Take Profit: 6025