Signal US500 Sell — H1 - June 3, 2026 05:58 GMT-4
Signal closed at take profit
The H1 chart of US500 shows a clear bearish reversal setup. After a prolonged uptrend, price has failed to sustain above the critical resistance level at 7629.14, marked by a bearish candle with strong volume (2378) on 2026-05-29. The subsequent pullback has tested the key support zone around 7610-7615, with multiple closes near this range indicating weakening bullish momentum. The recent close at 7612.29 (1780333200) and 7611.31 (signal entry) coincide with a consolidation phase where lower highs and higher lows suggest a balanced market. However, the volume on the 7611.31 candle (1780340400) is notably lower than prior peaks, signaling reduced…