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chrism665

SPY Head and Shoulders forming?

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
chrism665 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Head and Shoulders Trend Lines
18
2
headandshoulders trendline
Shared this in the Stocks & Indexes chat earlier today, figured I'd make an idea of it.

Painting a bunch of curves, trend lines, etc. last night and I thought, "hmm, I could definitely see a H&S forming if tomorrow (Thursday) doesn't break to a new high".

Obviously there's a lot conjecture here.
Comment:
I think this is still a realistic play.
snapshot
Cleaned up and updated the chart a little bit.
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