As we can see, we a have a clear Head&Shoulders pattern on S&P500 daily chart.
Be careful with your long position, or as an option you can open a short positions with a stop loss above ±2820 points neckline.
A first target is ±2720-2730 points zone
A second target is ±2660-2670 points zone
Good Luck!
I will update this idea
Be careful with your long position, or as an option you can open a short positions with a stop loss above ±2820 points neckline.
A first target is ±2720-2730 points zone
A second target is ±2660-2670 points zone
Good Luck!
I will update this idea
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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.
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.