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S&P 500 Index
Short

S&P500 is going down again

708
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
Slavash
Beyond Technical AnalysisChart Patternssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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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.
Beyond Technical AnalysisChart Patternssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Slavash

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.