Daily Discussion Thread for January 12, 2026

u/Ill-Independent2394 · Reddit — r/wallstreetbets · January 12, 2026 at 18:16 · ⬆ 3 pts  | View on Reddit ↗
AI Summary

Original Reddit comment

Author expects SPY to drop after failing at 695 resistance.

SPY — SHORT The author argues SPY is repeatedly rejected at the 695 level and expects a large decline ('big dumper') is imminent. The causal mechanism is technical resistance at 695.

SPY allergic to 695. Big dumper coming right up

Score 3
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u/Ill-Independent2394 Reddit r/wallstreetbets
SPY rejected at 695, big drop expected.
The author argues SPY is repeatedly rejected at the 695 level and expects a large decline ('big dumper') is imminent. The causal mechanism is technical resistance at 695.
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This Reddit post, published January 12, 2026, features u/Ill-Independent2394 discussing SPY. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Ill-Independent2394  · Tickers: SPY