$SPY possibly H&S forming?

מעודכן
Definitely need confirmation, just something I'm keeping an eye on.
הערה
Few days early, back in line.
הערה
Moved lower again, looking for CPI numbers 4/12 to move lower.

Still inclined to believe we see new lows for SPX in 2022.
הערה
lil bounce from CPI, fading.

So far thesis still in tact.
הערה
Looks over, big down IMO coming. No longer updating this idea, shot positions still open.
הערה
We can start eyeing yellow lines now.

If Fed really starts QT and doesn't fall back on rates, look out below.
Technical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshort

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