מדד S&P 500
שורט

Head and Shoulders forming on the daily

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Using Patterns and other TA I believe the market will follow one of my two paths to retest the high on the right shoulder before continuing down to complete the pattern.

I also used other TA to confirm what I'm seeing on this chart. I try to make my charting simple that others can looks and be like oh yeah that makes sense.

Am I always right? Heck no... Not to toot my horn but I did just recently call the bitcoin blastoff just before it happened so I think my charting is OK. Look under my other ideas... you will find it... Even some comments like are you crazy...why would it blast off here...and like a day or two later it did.

Will it continue to go up and test the high now or drop before trying again later? I guess next week we will find out.

Have a good extended weekend!

Note: I only use public indicators and TA tools to make my charts. Nothing is private or custom.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.