The Head and Shoulders are almost confirmed. We have a double top on the right shoulders. Very simple but strong pattern.
Aggressive traders can short right now and set the stop just higher than the previous high that is 2110. The first target would be around 1840 and the second target would be around 1600.
Conservative traders can wait until the Head and Shoulders pattern is finished the the short breakout appears. The target can be set at between 1540 and 1600.
We predict that there would be a Financial Crisis in 2016. Be careful.
SPX
ES1!
ICEUSA:RJ1!
YM1!
Aggressive traders can short right now and set the stop just higher than the previous high that is 2110. The first target would be around 1840 and the second target would be around 1600.
Conservative traders can wait until the Head and Shoulders pattern is finished the the short breakout appears. The target can be set at between 1540 and 1600.
We predict that there would be a Financial Crisis in 2016. Be careful.
SPX
ES1!
ICEUSA:RJ1!
YM1!
