S&P 500 (US500) – 4H Market Structure ShortUS 500CAPITALCOM:US500ULYSSESTRADEROn the 4H timeframe, price has transitioned from a bullish structure into distribution and early bearish continuation. 🔎 Structure Context We had multiple BOS (Break of Structure) to the upside earlier in the month. Price then printed a clear ChoCH (Change of Character), signaling a shift in momentum. The recent rally failed to make a convincing higher high and instead tapped into prior structure highs. A strong bearish displacement candle followed, breaking internal structure to the downside. This confirms that buyers are losing control at higher timeframes. 📍 Why the Short Makes Sense Liquidity Grab Above Equal Highs Price pushed into prior highs (resting liquidity), then immediately rejected. Bearish Displacement Strong impulsive move down = institutional participation. Not a slow grind — a clear shift in order flow. Lower High Formation The current structure shows compression and weak bullish retracements. Buyers are struggling to reclaim previous structure. Premium Entry Zone The grey zone represents a premium area inside the 4H range. Shorting in premium aligns with SMC logic: Sell high in the range Target discount liquidity 🎯 Targets First objective: internal range lows Main target: previous swing low / liquidity resting below Extended target: deeper 4H imbalance fill ⚠️ Invalidation If price reclaims the 4H structure high and holds above it with displacement, the bearish thesis weakens. Narrative Summary This isn’t random selling — it’s a structure-based short after: Liquidity sweep Change of character Bearish displacement Lower high formation Smart money transitions often start exactly like this.