Head and Shoulders SPY
I saw this earlier this morning, didn't have time to analyze...
So everything about this screams head and shoulders top. Did you notice today's pathetic volume? Or the 10yr?
RSI, Volume, and the Ultimate Oscillator are diverging from price movement.
I think tomorrow's action is pretty critical. Do we break the neckline? We shall see. Failure to do so confirms the H/S I believe.
So everything about this screams head and shoulders top. Did you notice today's pathetic volume? Or the 10yr?
RSI, Volume, and the Ultimate Oscillator are diverging from price movement.
I think tomorrow's action is pretty critical. Do we break the neckline? We shall see. Failure to do so confirms the H/S I believe.
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