SPY Massive Head and shoulders

٢ مايو ٢٠٢٢

Head and shoulder chart patterns have been the most reliable indicators as a top of a market. Over the many such patterns they have proven to be very accurate.

We are now looking at a 5 year chart with a huge very obvious left shoulder - head - and now right shoulder.
To complete this bearish pattern a break below existing area would indicate a 6-12 month drop from this level.

Take maximum protection !!!!!

١١ يونيو ٢٠٢٢

ملاحظة

The head and shoulder formation was confirmed with new low this week. We still seem more downside 15% from here.

Be carefull

١٨ يونيو ٢٠٢٢

تم فتح الصفقة

We are nearing 340 where we can expect a bounce. The technical damage to the chart will prevent and major upward move.

٢٥ يونيو ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف