US500: Time for a quick dip or just more upside? Let's check the charts!

US500 – Is the Rally Losing Steam?

What's up, KoraFX fam? Deniz here, checking in from sunny Antalya. Looking at the US500, it's been a beast, no doubt about it. We're currently sitting at 6078.99, up a solid 0.48% for the day, and we've seen it push as high as 6122.48. The overall trend is definitely bullish, can't argue with that. But sometimes, even the strongest bull needs a breather, right? I'm eyeing a potential intraday short here, waiting for a little more exhaustion before jumping in.

My Intraday Short Setup

I'm looking at a short entry around 6093. Why there? Well, we've got strong resistance looming at 6122.48 and then