The S&P is forming a nice head and shoulder pattern. The neckline also corresponds to the lower resistance of the parallel channel. If price breaks below the resistance, it would be extremely bearish signs.
Watch the news and be aware of upcoming volatility following Thanksgiving break.
Trade safe!
Watch the news and be aware of upcoming volatility following Thanksgiving break.
Trade safe!
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.
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.