SPX is testing the 4,500 level, price down 1.2% in the last hour.
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$SPX SHORT 📉 — Trade Plan
• Entry: $0.591108 – $0.592292
• Stop: $0.609451 (-3.0%)
• Target 1: $0.582824 (+1.5%)
• Target 2: $0.562115 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH broke the prior swing low, CVD turned negative confirming the sell pressure, while a fresh FVG aligns with an OB at 4,520 and a liquidity sweep cleared the 4,530 zone, giving a tight confluence.
A 3.0% stop is relatively tight, suited for 2‑3× leverage.
Take partial profit at the first target around 1.5% gain.
Not financial advice — trade only what you can afford to lose 🙏
$SPX #SPXUSDT #USWeeklyInitialJoblessClaimsRiseTo206000 #TradingSignals #Write2Earn