SPDR S&P 500 ETF TRUSTUpdated SPY Head and Shoulders forming?
Shared this in the Stocks & Indexes chat earlier today, figured I'd make an idea of it.
Painting a bunch of curves, trend lines, etc. last night and I thought, "hmm, I could definitely see a H&S forming if tomorrow (Thursday) doesn't break to a new high".
Obviously there's a lot conjecture here.
Painting a bunch of curves, trend lines, etc. last night and I thought, "hmm, I could definitely see a H&S forming if tomorrow (Thursday) doesn't break to a new high".
Obviously there's a lot conjecture here.
Note
I think this is still a realistic play.Cleaned up and updated the chart a little bit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.