US100 Short at TrendlineUS 100CAPITALCOM:US100KhaleelSuliman๐ Quick Summary Iโm looking for a short here on US100 as price reacts into a clear confluence of descending trendline resistance and a weak high. The rejection and compression under resistance suggest downside expansion back into demand โ ๏ธ๐. ๐ Deep Analysis On the 15-minute chart, price made a strong impulsive move up, breaking structure (BOS) and creating higher lows. However, that move has now stalled directly into a long-term descending trendline, which has capped price multiple times before. Key observations: Price tapped a Weak High / PWH zone and failed to hold above it Clear rejection wicks at trendline resistance Momentum slowing with choppy candles โ signs of distribution Price currently sitting below the trendline, not above it This looks like a classic lower-high into resistance rather than continuation. Liquidity has been built above the highs, but price has failed to accept above resistance, increasing the probability of a downside sweep first. The green demand zone below around 25,640 is the obvious magnet. If that level goes, the next downside push could accelerate quickly as late longs get trapped. ๐ฐ News Supporting My Bias The short bias is also supported by the macro backdrop: Bond yields remain volatile, keeping pressure on tech valuations Market participants are cautious ahead of key US data, leading to profit-taking near resistance Nasdaq positioning remains crowded, increasing the risk of sharp pullbacks on rejection This environment favours fade-the-rally setups rather than breakout chasing. ๐ฏ Trade Idea Scenario Bearish Scenario (Primary) Entry: Into trendline resistance / current consolidation zone Confirmation: Rejection candles + failure to reclaim trendline TP1: 25,640 (first demand / liquidity sweep) TP2: 25,535 โ 25,440 (next demand + imbalance) SL / Invalidation: Clean break and acceptance above the trendline + weak high Bullish Invalidation If price breaks and holds above the trendline with strong volume, the short idea is invalid and I step aside โ no fighting acceptance. ๐ What Iโm Watching Next Iโm watching the next few candles at the trendline. Strong bearish closes or long upper wicks confirm the short. Acceptance above resistance cancels the idea. โ ๏ธ Disclaimer This is my personal analysis and not financial advice. Always do your own research and manage risk carefully ๐๐.