SPX500 — Short Setup (Day Trade)
HTF supply at 6840 doing its job. Price pushed in and is now showing M15 distribution — fresh supply created at 6777–6798.
EXECUTION PACKAGE
Direction: Short
Entry Zone: 6777–6798 (on remitigation of fresh M15 supply)
Stop: Above 6840 (HTF supply high — invalidation)
Target: 6700
Type: Day trade — managed position size
Conviction: 5/10 — Intraday structure only, not a swing. HTF supply is legit but this is M15 execution, so size accordingly.
GAME PLAN
IF price remitigates 6777–6798 and shows rejection → short entry
IF price blows through 6840 with acceptance → thesis dead, no trade
IF entry fills and price reaches 6700 → take profit, done for the day
IF price chops between supply and target → patience, let the M15 candles tell you
CONTEXT
This is a day trade, not a swing. The HTF supply at 6840 gives us the directional bias, and the fresh M15 distribution zone gives us the entry. Risk accordingly — day trades get smaller size than our swing setups.
Chart: M15
Post below if you're watching this one. I'll update in real-time if it triggers.
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Albert Wang
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SPX500 — Short Setup (Day Trade)
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