Oh no the S&P could it be a head and shoulders that we see!

Short

S&P 500 Index (SP:SPX)

Updated

SP:SPX S&P 500 Index

Just something I see in the chart which obviously doesn't have to play out but my target I am watching is between 4170 and 4200. If you see this thing start falling back at that point you might wanna pay attention. So if this was to play out the break down of the neckline puts our target at new lows which I would expect a bounce before moving lower one last time to set in a real bottom. Obviously I don't expect this to all happen overnight my target would be a bottom sometime in the 3rd quarter maybe Aug/Sept. Of course if we break much above the 4200 I would say this analysis is likely invalad! Trade smart all

Comment:

starting to look more and more likely to play out!

Comment:

gap just filled at 4128 let see if she rolls down fromhere

Comment:

so far very much still in play....be ready!

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