SPX is grinding lower as the market digests a string of mixed earnings and looming rate uncertainty, setting the stage for a decisive move. The index is flirting with the 4,300 level, a key resistance that’s been tested repeatedly.
🔴 $SPX SHORT 📉
Entry $0.494705-$0.495695 | SL $0.510056 (-3.0%) | TP1 $0.487772 (+1.5%) | TP2 $0.470440 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 15‑minute chart broke the last swing high, while a bullish CVD divergence confirmed the shift. An FVG sits right under the broken structure, overlapped by an OB that also houses the liquidity sweep, giving a tight POI confluence.
A 3.0% stop is relatively tight for an intraday swing, so a modest 2‑to‑3 × leverage keeps risk in check.
Take partial profit around the first target as the price approaches the next minor resistance.
As always: manage your risk, this is not financial advice 🙏
$SPX #SPXUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $SPX SHORT 📉
Entry $0.494705-$0.495695 | SL $0.510056 (-3.0%) | TP1 $0.487772 (+1.5%) | TP2 $0.470440 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH on the 15‑minute chart broke the last swing high, while a bullish CVD divergence confirmed the shift. An FVG sits right under the broken structure, overlapped by an OB that also houses the liquidity sweep, giving a tight POI confluence.
A 3.0% stop is relatively tight for an intraday swing, so a modest 2‑to‑3 × leverage keeps risk in check.
Take partial profit around the first target as the price approaches the next minor resistance.
As always: manage your risk, this is not financial advice 🙏
$SPX #SPXUSDT #CPIWatch #TradingSignals #Write2Earn