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S&P 500 Index
Short

S&P 500 Head and Shoulders

681
Last July, I thought that the S&P 500 was headed for a double top right below 2900. I was wrong. The S&P 500 actually surpassed the previous high, busting that bear case. But the December collapse and subsequent Q1 2019 rally has revealed a head and shoulders pattern.
David_Warren_Ellison
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortTrend Analysistrump

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Chart PatternsTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortTrend Analysistrump
David_Warren_Ellison

Related publications

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.