The index rejected the cloud top, the .5 fib, and the continued H&S neckline on Friday. The candle that formed was an inverse hammer. Be careful, this may be a bear trap. But, if it is not a trap, then this has to be a short.
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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.