$US500 – Flash Drop Into 6,500 Structure ⚠️

[theSignalyst]

After rejecting the 6,690 supply, the index snapped its short-term rising channel and flushed straight into the 6,500 structure zone (blue). This is the first key decision area.

As long as 6,500 holds, I’ll look for a reactionary bounce toward 6,640–6,690.
If 6,500 breaks decisively, the next magnet is the 6,150 lower channel boundary.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr.