$SPY possibly H&S forming?
Updated
Definitely need confirmation, just something I'm keeping an eye on.
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Few days early, back in line.Note
Moved lower again, looking for CPI numbers 4/12 to move lower. Still inclined to believe we see new lows for SPX in 2022.
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lil bounce from CPI, fading. So far thesis still in tact.
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Looks over, big down IMO coming. No longer updating this idea, shot positions still open.Note
We can start eyeing yellow lines now. If Fed really starts QT and doesn't fall back on rates, look out below.
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