Aborntrager

S&P head and shoulders?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
I know head and shoulders typically signifies topping out, but i found this interesting. the head sits almost exactly at a 1:1 trend based fib extension from the start of the downtrend, while the left shoulder exactly hits a 161.8. The neckline is pretty consistent, and we are falling below the neckline in after hours. If we don't double bottom here, it could get really bloody.
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