Valid inverse H&S currently forming on SPX. Need to watch for volume expansion at break of neckline to confirm.
Trade closed: target reached
Market momentum carried SPX past the neckline without pausing to form the right shoulder. 5694 price target was achieved nonetheless. 
just practicing & learning
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just practicing & learning
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.