2h timeframe (SPCFD index, looks like US500 / S&P CFD).

This is a 2h timeframe (SPCFD index, looks like US500 / S&P CFD).

Current price is around 6,403.

I have drawn a falling trendline from July, and price is now near the lower zone.

There’s also volume profile (VPVR) on the right side, showing key liquidity zones.

A target point is marked below, around the 6,200 level.


📌 Target Zone:
My chart suggests a downside target around 6,200 (highlighted with the blue arrow).

⚠ Notes:

If 6,400 support breaks clearly, sellers may push toward 6,300 → 6,200.

But if price reclaims above 6,480–6,500, the short-term bearish setup could fail, and we may see a bounce.


👉 Immediate target: 6,200
👉 Stop-loss to watch (invalidating short): above 6,500