Short
Bloodshed on the Streets.
🔻 SPX500M | Potential Breakdown Alert
Timeframe: 15m | Contract: June 2025
We are watching a technical rejection at a key trendline, confirming a potential double top formation. Price failed to hold the ascending structure, suggesting a loss of bullish momentum.
📉 Bearish Confluences:
Clear break and retest of the rising trendline.
Multiple rejections near 5,925 — acting as a hard ceiling.
A visible liquidity gap below, likely to attract sell-side pressure.
Measured move points toward the gap fill target near 5,681.63.
🧠 If this level breaks decisively, it could confirm short-term bearish continuation. Keep an eye on volume and order flow near 5,875 – 5,850 to confirm participation.
⚠️ Risk: Rising volatility into early June with major macro data (jobs, ISM, Fed speak) potentially acting as a catalyst.
📍Strategy Suggestion:
Scalp shorts below 5,900 with risk above 5,930. Target the gap zone with trailing stops once momentum picks up.
💼 Post by WaverVanir International LLC – Applying discretionary strategy with macro + technical alignment.
Timeframe: 15m | Contract: June 2025
We are watching a technical rejection at a key trendline, confirming a potential double top formation. Price failed to hold the ascending structure, suggesting a loss of bullish momentum.
📉 Bearish Confluences:
Clear break and retest of the rising trendline.
Multiple rejections near 5,925 — acting as a hard ceiling.
A visible liquidity gap below, likely to attract sell-side pressure.
Measured move points toward the gap fill target near 5,681.63.
🧠 If this level breaks decisively, it could confirm short-term bearish continuation. Keep an eye on volume and order flow near 5,875 – 5,850 to confirm participation.
⚠️ Risk: Rising volatility into early June with major macro data (jobs, ISM, Fed speak) potentially acting as a catalyst.
📍Strategy Suggestion:
Scalp shorts below 5,900 with risk above 5,930. Target the gap zone with trailing stops once momentum picks up.
💼 Post by WaverVanir International LLC – Applying discretionary strategy with macro + technical alignment.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.