kingster

S & P 500 on Weekly H & S pattern

Short
SP:SPX   S&P 500 Index
as chart is on weekly basis so it will take weeks to complete first head then right shoulder so after that big dump can happed. IMO it will break down in month of December. it looks major bearish market is waiting.
But MKT did not break 20 weekly EMA then damm bullish. but I am more lenient towards bearish. DYOR and click like button.

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.