S&P500指数
ショート

[SPX] 3RD LL H&S? 2nd BEAR Pennant? Crossed Just the TIP!?

アップデート済
This is the point I was talking about yesterday, the fact that we couldn't break and hold over the 1M Bear Pennant tip today is a pretty clear bearish rejection.

We also dipped out of that new Bear Pennant fractal real quick, no hanging around to test the structure a bit more.

This makes it now look like another 3rd lower low H&S setup for further likely downside.

Not to mention an exact rejection off our red-dotted top of Down Megaphone extension.

As I noted previously, a rejection under 3900 and especially within the DM structure would be particularly bearish and that is the case playing out now.

I've wagered a couple off the cuff Right Shoulder predictions here just for fun.

ノート
It recovered the Bear Pennant overnight, lets see if it can hold...
スナップショット
ノート
Oh snap, this might be the LL H&S taking shape...
スナップショット
ノート
It's testing the last right shoulder now for a potential break or rejection...
スナップショット
ノート
Ah interesting, this is what's happening...
スナップショット
ノート
Yep lol...
スナップショット
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

Data analyst with a passion for best fit lines B)

関連の投稿

免責事項