$SPX 1000% + Short entry 🔥🚀

Why I got short trade??

📌I opened a short trade around 0.3721 because the price reached a strong resistance zone where it had previously rejected, and the overall upward move looked exhausted after completing a full Elliott Wave cycle ✅

📌At that level, price failed to break higher and started showing rejection with weakening momentum, while RSI also indicated buyers were losing strength. In addition, the price reacted from a moving average resistance area, which often signals a potential pullback ✅

📌 Based on these combined signals — resistance, trend exhaustion, and rejection — the probability favored a downside correction, which is why I entered the short trade 🔥💸

$SPX

SPXUSDT

Löpande

0.3129

-4.66%