Head and Shoulders on The S and P 500
Updated
This is a continuation from Monday's post where I said the market will likely go lower from here(linked below). Not just do we have a head and shoulders we have a situation where the breadth of the market is at such where only 5 companies make up 20% of the value of the s and p 500. Also, the market rejected from the 61.8 fib retracement.
If you want my full analysis I'll link it in the comment section.
If you want my full analysis I'll link it in the comment section.
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