Spx500 inverse head and shoulders pattern

Here we see an inverse head and shoulders pattern which is above its neckline on the daily time frame telling us to long .On the 1 hour time frame its showing us a head and shoulders pattern as a possibility which tells us it could retrace to the head level of the inverted head and shoulders pattern before proceeding to the targets above for the inverse head and shoulders pattern.
Chart PatternsTrend Analysis

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