6% Profit Hit - Trade Target Achieved

Today at ProSignal.ai we executed a Bear Call Credit Spread on SPX, selling the 7,595 Call and buying the 7,600 Call for a $0.30 credit. Technically, fading upside momentum near the 7,595–7,600 resistance zone supported a bearish intraday bias. Fundamentally, renewed weakness in semiconductor stocks and cautious investor sentiment added pressure to the broader market, despite resilient economic data. The trade reached its 6% profit target.