Possible IHS #SPX500 Could Target 3,000 area
We have seen declines in the indices that could potentially carve out a reversal pattern. IF this plays out and becomes an inverted #headandshoulders in the #SPX #S&P500 #ES and even the #NASDAQ100 then targets the 3,000 area. Longs initiate above 2813. I still think we could make another low like we did earlier this year before we go up. This original idea came about from Sven @northmantrader.
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