SP500 1D - DOUBLE TOP = HEAD

SP500 1D - DOUBLE TOP = HEAD

The SP500 is finishing drawing the head of the SHS figure with this double maximum. If in these days it does not manage to break the resistance, the fall can be quite steep to go looking for the 4800 in the first instance and continue going down to 3600, base of the previous shoulder.

If the SP500 manages to break the resistance, this figure would be cancelled.

As always, it is better to act with a head and do things at the right time.
Chart PatternsTechnical Indicatorssp500shortTrend Analysis

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