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.

It's best to cut losses than accumulate much than expected

S&P 500-Trade Update (Fri, 2nd Oct,2026)
Price did not trade back below the 4hr zone on the 15mins, confirming it was just a sweep of the zone and price is still bullish on higher timeframe. Today, price is back at the intraday trend resistance. I'll be watching its reaction but paying attention to sell scalps.
Entry:7718
SL:7736
TP: 7659

S&P 500- Setup Update
NFP invalidated the short setup I had earlier today, breaking above the resistance at 7718 and above my setup invalidation level at 7736 confirming my original bullish bias.
I didn't see a confirmation to enter the sells at the entry level 7718, which I had interest in.

With the break above the internal horizontal resistance level + trendline resistance level, price has returned for a retest of both levels as a support level. I'm waiting for a 4hr bullish confirmation pattern as final conviction that the zone will be respected for the buy rally to continue.
Trade type: Long
Entry: 7718
SL: 7682

The 1hr chart is giving positive confirmations of the possibility of the zone being respected as a support from the candle rejections. But my concern is Wednesday's high in which price is still trading below it. so, I'll wait for price to break that extra layer of resistance as another positive confirmation that the rally will hold.
The Entry focus will shift from 7718 to 7731, but my invalidation level will still hold at 7682.

SP 500- On 15mins, there's a valid trend support that supports the buys from that support zone.
Entry: 7718
SL: 7682
Invalidation of the zone and the trend support is what will confirm sell continuations below the support zone.

SP 500- Trade Update
Trade Type: Long
Entry: 7718
SL: 7682
Execution: Missed
Result: Success

Comment: I missed the Long setup on SP 500 that I've been grooming since last week. It was quite painful seeing it left when I had my attention focused on another asset, but I'm still following it up.

SP 500 Trade Setup (Wed 7th Oct 2026)
Trade Type: short
Entry: 7821
SL: 7841

Trade Idea/Approach: I spotted a 1hr bearish engulf, and subsequently price invalidated the bullish intraday channel it created yesterday, giving me good confirmation to go short.
Entry:7821
SL:7841

That's okay, I thought you were long before?

Us30 is delivering short at least you can see it now, although in a critical position, reacting from a fair value gap level

This is SP 500
It was US30 that I went long yesterday, but I closed out and shorted US30 too.
Entry: 51502
SL: 51565

Today present's a new bias. I'm staying flexible not rigid.
Because the trend is bullish, does not mean the Daily bias every day is bullish.
Ability to spot a bearish bias in a bullish market is a rare skill, but if you're able to develop it, it makes one unstoppable with opportunities.
I'm working diligently on this skill, that's why I decided to practice it today by shorting SP 500, despite the overall trend is bullish.
Entry:7821
SL:7841

It is just a pullback simple way of practicing such is my using the previous day high or low as resistance or support and then see how price reacts when it gets to the support or resistance of that previous day daily candle, I use it a lot