S&P500 INDEX (US500): Bearish Pattern & Pullback for FX:SPX500 by VasilyTrader — TradingView

Head and Shoulders Candlestick Analysis Support and Resistance priceaction priceactionanalysis priceactiontrading indexes S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 nasdaq NASDAQ 100 CFD

headandshoulders candlestick supportandresistance priceaction priceactionanalysis priceactiontrading indexes spx500 es1! sp1! nasdaq nas100

snapshot

S&P500 Index formed a head and shoulders pattern on a daily time frame,
trading in a bullish trend.

The breakout of the neckline of the pattern signifies the local exhaustion of the
buyers and highly probable coming correctional movement.

I expect a bearish movement at least to 4465

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