Technical analysis by Investmentsbygraham about Symbol SPYX: Sell recommendation (7/11/2025)

Potential short on S&P 500. Risk/reward = 3.4 Entry = 6264.9 Stop loss = 6280.3 TP level 1 = 6221.7 (50%) TP level 2 = 6200.5 (50%) Need current candle to close back in range at 10.00 for all variables to be met. Volume exception applied since current candle is the open of European markets.Trade still possible, if H1 candle closes in range.Opened shortFirst take profit level reached. Closed 50% of position.Full position closed at TP level 1.