chartpattern
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pivotpointsandlevels
supportandresistance
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this is is a tutorial/analysis on $SPY. We see a Head and shoulders pattern. This pattern is mostly known as a (BEARISH CHART PATTERN) This pattern occurs at the bottom of a downtrend and is identified by three-peak formation with the center peak, or high, forming a higher high than the other two. The neckline is a trend-line. that is drawn across the intervening...
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