Short $SPX : price sits right at 0.364, the line sellers need.
Reject 0.364 → 0.352, then 0.345.
Reclaim 0.375 → the idea is off the table.
I want to see sellers lean on it here, not a clean push through.
On the daily, price is below the EMA200 at 0.387, so the daily backs it. BTC is bearish on the short term, a tailwind for this idea. Risk 3.2% to SL vs 5.1% to TP3, roughly 1.6R to the last target.
🔴 SHORT
Entry: 0.3625–0.3645
TP: 0.3565 / 0.3518 / 0.3448
SL: 0.3752
NFA · DYOR
Reject 0.364 → 0.352, then 0.345.
Reclaim 0.375 → the idea is off the table.
I want to see sellers lean on it here, not a clean push through.
On the daily, price is below the EMA200 at 0.387, so the daily backs it. BTC is bearish on the short term, a tailwind for this idea. Risk 3.2% to SL vs 5.1% to TP3, roughly 1.6R to the last target.
🔴 SHORT
Entry: 0.3625–0.3645
TP: 0.3565 / 0.3518 / 0.3448
SL: 0.3752
NFA · DYOR
