$SPX SHORT — Bearish Rejection & Pullback Play
Price faced sharp rejection at the 0.3673 local high, printing a red candle as buyers lost momentum near key resistance. The failure to sustain higher levels opens up a short opportunity targeting a deeper retracement toward major moving averages.
Entry: 0.3586 – 0.3620
TP1: 0.3486
TP2: 0.3386
TP3: 0.3286
SL: 0.3686
Remaining under 0.3673 confirms seller resistance and keeps this short pullback setup intact.
Price faced sharp rejection at the 0.3673 local high, printing a red candle as buyers lost momentum near key resistance. The failure to sustain higher levels opens up a short opportunity targeting a deeper retracement toward major moving averages.
Entry: 0.3586 – 0.3620
TP1: 0.3486
TP2: 0.3386
TP3: 0.3286
SL: 0.3686
Remaining under 0.3673 confirms seller resistance and keeps this short pullback setup intact.