US500: Fading the Range Top – Intraday Short Opportunity

US500ShortIntraday1d ago4 views

Trade Setup

Entry Price

6041.00

Stop Loss

6085.00

Take Profit

5953.00

Risk : Reward

1 : 2.00

RiskReward

Market Structure & Sentiment Check


The US500 is currently trading at 6031.77, sitting in a clearly defined sideways trend after a decent run. While the 24-hour change shows a slight dip of -0.3% (-18.23 points), the market sentiment still feels overly optimistic, especially given the current price action within the 6004.41 — 6059.12 day range. I'm seeing a setup

Comments

Loading comments...