US500 Bearish Retest Setup | Sellers Target 7,350 Demand Zone

Jun 9

📊 US500 / SPX500 (H4 Timeframe)

🔍 Analysis:
• Strong bearish displacement from the 7,500 resistance zone ✅
• Previous support has turned into resistance
• Price is retracing after a sharp sell-off and may revisit supply before continuing lower
• Bearish market structure remains intact below 7,487

🎯 Bearish Targets:

✅ TP1: 7,350 (Demand Zone)
✅ TP2: 7,325 (Extended Support)

📌 Resistance Zone:
7,487 – 7,509

🛑 Stop Loss:
Above 7,625

🚀 Trade Idea:
SELL on rejection from the resistance zone.

📈 Outlook:
As long as price remains below 7,487–7,509, sellers could drive the market toward 7,350 first and potentially 7,325.

Jun 9

Trade active

lets goo dears

Jun 17

Trade closed: target reached