SPX is testing the 4,560 level, a fresh swing low under the 4,580 resistance. The market is carving a lower high, setting the stage for a short bias.
🔴 $SPX SHORT 📉
Entry $0.546353-$0.547447 | SL $0.563307 (-3.0%) | TP1 $0.538697 (+1.5%) | TP2 $0.519555 (+5.0%) | R/R 1:1.7 | Conf 64%
A CHoCH broke the previous swing high, backed by a rising CVD that confirms selling pressure. The price sits inside a FVG that aligns with an OB, creating a POI confluence, and a liquidity sweep just emptied the buy side. Structure now shows lower highs and lower lows, reinforcing the downtrend.
A 3.0% stop is relatively tight for a 1.7 R/R, so use no more than 2x leverage.
Take half profit around the first target at 4,470 to lock in the early move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$SPX #SPXUSDT #USIranTradeTankerStrikesEscalate #TradingSignals #Write2Earn
🔴 $SPX SHORT 📉
Entry $0.546353-$0.547447 | SL $0.563307 (-3.0%) | TP1 $0.538697 (+1.5%) | TP2 $0.519555 (+5.0%) | R/R 1:1.7 | Conf 64%
A CHoCH broke the previous swing high, backed by a rising CVD that confirms selling pressure. The price sits inside a FVG that aligns with an OB, creating a POI confluence, and a liquidity sweep just emptied the buy side. Structure now shows lower highs and lower lows, reinforcing the downtrend.
A 3.0% stop is relatively tight for a 1.7 R/R, so use no more than 2x leverage.
Take half profit around the first target at 4,470 to lock in the early move.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$SPX #SPXUSDT #USIranTradeTankerStrikesEscalate #TradingSignals #Write2Earn