S&P 500 Market Analysis and Trade Setups

Yeah. You're right.
Price failed to sustain the break and retest of the monthly bearish trendline it broke out from but rather declining down and currently reacting at the bullish trend support.
I'll wait to see if it will break through it, then I'll join sells on the retest of the trend support as a resistance.
Meanwhile on 1hr I have a bearish setup.
Entry: 7670
SL: 7706
TP: 7592

Yeah

SP 500- price has traded above my entry zone at 7670, I'll watch to see if it will break above my invalidation zone at 7706.

Yeah I did that.
I was looking to scalp sells tomorrow since price had broken below the support level, but price broke above it again. Since it has created double top on 15mins respecting the bearish trendline, i'll wait for it to invalidate the bullish channel and invalidate the neckline then I go in for the sells.
Entry:7660
SL: 7699
TP: 7581.

If price breaks above my invalidation level, then the setup is invalid.

I'll be looking for scalp sells opportunities on the 15mins. but on the 4hr, I'm still expecting price to continue upwards. It swept the zone today but didn't break below it on 4hr. but on 15mins its a break. So I'm watching out for this Short Setup.
Entry:7658
SL: 7698
TP:7580.

N/B: The short setup will be valid if price flips the 4hr S-R Zone and invalidated if price breaks above the invalidation high.

Same trade setup, but different entry. I closed out later though at 7683, when it was playing around the entry. The chart shows entry for yesterday's positions and today's position.