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S&P 500 E-mini Futures

BOOK of SAMUEL: DAVID V GOLIATH

65
Wow! This is a first for me, in such a large timeframe. Looking at both patterns forming. The larger head & shoulders pattern may take precedence, as it is generally considered to be a more significant pattern. If the H&S pattern is confirmed, it would suggest that the uptrend is ending and that a downtrend may be beginning. However, if the Inverted H&S pattern is also confirmed, it could indicate that the trend is changing and that an uptrend is beginning.
theswiftninja
If time is money, spend it wise!
Chart Patternshead_and_shoulderHead and Shouldersinvertedheadandshoulderssp500analysissp500futuresp500indexsp500longsp500shortSPDR S&P 500 ETF (SPY) Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart Patternshead_and_shoulderHead and Shouldersinvertedheadandshoulderssp500analysissp500futuresp500indexsp500longsp500shortSPDR S&P 500 ETF (SPY) Trend Analysis
theswiftninja
If time is money, spend it wise!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.