US500 Short: Riding the Bearish Wave Down

Market Outlook

US500 is clearly bearish. We're trading at 6025.51, down 0.4% over 24 hours, struggling below the day's high of 6062.25. The trend is your friend, and right now, it's pointing south. Momentum is selling off, and I'm looking to get in on that continuation.

Technical Setup

I'm eyeing a short entry on US500 at 6034. Levels are clear; we've seen resistance around 6062.25. This move aims to catch the next leg down. My stop loss is set at 6078, just above that key resistance and previous swing high. It's a clean setup for a scalp.

Trade Plan

Taking this trade with a target at 5924. This takes us well below immediate support levels at 6000 and 5