With the government coming back from the longest shutdown in history. We could still be expecting blowbacks from the affected sectors and companies. So what better pattern to complete this mash-up than a head and shoulders.
Please Like if you agree. The longest government shutdown in history ended with 35 days. But the blowback effect of all the reports and cutback are still ahead of us.. This is why I see head and shoulders in our pattern traders forecast.
I suspect that the SPY can show signs of a possible Head and Shoulders. For those that also see this possible market reaction. Its best to have this in mind.
See for yourself. Our economy is not done fighting yet. With housing tariffs and auto tariffs on the way who knows how long this market can remain in rising pattern. Our bulls could be running out of steam soon.
