SPX500: Trade Setup

youtube.com/watch?v=a6j5lbt6OLQ&list=RDMM&index=16&ab_channel=NEFFEX

📉 SPX500 – 4H Short Setup | Smart Money Premium Rejection

Approaching a pivotal juncture on the 4H chart, where price interaction at the premium zone signals a noteworthy development. Notably, a rejection marked by a feeble high + CHoCH structure.

🎯 Current Thesis:
- Short Entry: 5,998.3 → Entering premium + inefficient zone
- Target: 5,790.1 → Previous FVG + BOS retest area
- Potential Reload Zone: 5,704.2 – 5,644.2 → Offering deep discount + mitigation opportunities

🧠 Structure + Liquidity Insights:
- Bearish intent affirmed by BOS + CHoCH
- Fib levels align for confluence, notably 0.886 rejection at 5,875.6
- Key FVG breached; distribution evident from premium swing failure

📊 Gameplan:
Execute initial target at 5,790, consider partial exit.
Monitor reaction for possible reload near 5,704 or lower at 5,644 for continued strategy.
Maintain caution above 6,018 (weak high) for risk protection.

⏳ Context:
- Increasing volatility, weakening internals
- Downside path supported by volume nodes
- Market reassessing risk premia amidst Fed pause

🏴‍☠️ Trade strategically akin to smart money. Avoid impulsive actions — prioritize displacements, mitigations, and liquidity tactics.

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