SPY Head and Shoulders forming?
Updated
Shared this in the Stocks & Indexes chat earlier today, figured I'd make an idea of it.
Painting a bunch of curves, trend lines, etc. last night and I thought, "hmm, I could definitely see a H&S forming if tomorrow (Thursday) doesn't break to a new high".
Obviously there's a lot conjecture here.
Painting a bunch of curves, trend lines, etc. last night and I thought, "hmm, I could definitely see a H&S forming if tomorrow (Thursday) doesn't break to a new high".
Obviously there's a lot conjecture here.
Note
I think this is still a realistic play.Cleaned up and updated the chart a little bit.
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