US500: Bearish Bias Intact. Short Setup.

Market Outlook

US500 showing clear bearish momentum. Current price 6026.37, down -0.39% in 24h. Sellers are in control, pushing us away from recent highs. We're struggling to hold above the day's low of 5990.93 and rejecting resistance near 6061.81, indicating sustained weakness.

The Trade

"The trend is your friend." I'm looking for a scalp short on US500.
Entry: 6035
Stop Loss: 6078 (just above that 6061.81 resistance)
Take Profit: 5929. This target aims to push below the 5990.93 and 5950 support levels if momentum holds. Watching closely. Market can always surprise, so managing risk is key.