US500: Fading the Top of the Sideways Range – Intraday Short Setup

Alright, KoraFX community. Samantha here, and I'm looking at the US500 with a clear intraday short setup in mind. While the market is currently trading around 6031.6, showing a slight dip of -0.3% today, I see a high-probability zone forming to fade any further attempts at an upside breakout. The overall trend remains sideways, and I believe we're nearing a temporary top within that established range.

Technical Read: Resistance Holds Firm

My analysis of the US500 points to significant resistance just above current levels. The day's range has been 6004 to 6059.2, and we're currently hovering towards the