Here are 2 index short setups I'm tracking. Post your plans below if you're taking either.
SETUP 1: NQ (US 100) β BEARISH β Swing
β‘ EXECUTION PACKAGE
- Entry Zone: 25239-25339 (on LTF distribution confirmation)
- Stop Loss: 25350
- Target 1: 24200 β Take 50-70% profit
- Target 2: 23828 β Manage remainder or full exit
- Risk Sizing: $50-$100 per setup
- Invalidation: Acceptance above 25339 (daily close above)
π GAME PLAN
IF price trades into 25239-25339 AND shows 5m/15m distribution β THEN enter short
IF stop hit at 25350 β THEN exit completely, thesis wrong
IF T1 reached at 24200 β THEN take 50-70% profit, trail remainder
IF T2 reached at 23828 β THEN exit remaining position
IF price accepts above 25339 β THEN thesis invalidated, exit if still in
π‘ SETUP CONTEXT
Structure: Supply zone at 25239-25339, waiting for retest
Edge: LTF distribution at supply = rejection and continuation lower
Why This Works: Internal swing low at 24200 gives logical first target, 23828 is ultimate structural target
Conviction: 6/10 β Need to see the LTF distribution confirmation first
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SETUP 2: SPX 500 (ES) β BEARISH β Swing
β‘ EXECUTION PACKAGE
- Entry Zone: 6945-6977 (on LTF distribution confirmation)
- Stop Loss: 6985
- Target 1: 6735 β Full exit or take majority
- Risk Sizing: $50-$100 per setup
- Invalidation: Acceptance above 6977 (daily close above)
π GAME PLAN
IF price trades into 6945-6977 AND shows 5m/15m distribution β THEN enter short
IF stop hit at 6985 β THEN exit completely
IF T1 reached at 6735 β THEN full exit (or take 70% and trail)
IF price accepts above 6977 β THEN thesis invalidated, exit
π‘ SETUP CONTEXT
Structure: Supply at 6945-6977, single demand target at 6735
Edge: Cleaner structure than NQ β binary setup with one clear target
Why This Works: Simpler management, less decision-making mid-trade
Conviction: 7/10 β Cleaner structure than NQ, prefer this setup