S&P 500 Market Analysis and Trade Setups

SP 500- Daily Update (Mon 21st Oct 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Bullish Trendline
Intraday-Analysis: On the daily, price has created a bullish trend connecting 3 swing Lows that are in the Higher low sequence. This shows that price is not fully interested in the downside but has a keen interest in continuing to the upside.

I'll position to go long on the 4hr timeframe.
Entry: 7712
SL: 7682

I can see you changed your bias from long to short

Yeah. That's because price is at a supply that is near a resistance zone, I'll be observing its reaction at the level.
A break below 7733 will fully confirm that price is ready to continue the sells downwards.
A retest of the level is where I'll look or confirmation to join.
Entry: 7733
SL: 7760

SP 500 Trade Setup Update

Entry: 7733
SL: 7760
The trade setup played out from Asian session and didn't give me the chance to position for the shorts as I didn't set my Sell Limit.
I'm still following it up tomorrow.