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UNH: Complex Bearish Head & Shoulders /Hidden Bearish Divergence

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UnitedHealth Group Incorporated (NYSE:UNH)  
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NYSE:UNH   UnitedHealth Group Incorporated
Trend Analysis Chart Patterns Technical Indicators complexheadandshoulders health DOW US30 dowjonesindustrial Hidden Bearish RSI Divergence
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trendanalysis chartpattern indicator complexheadandshoulders health dow us30 dowjonesindustrial hiddenbearishrsidivergence
UnitedHealth Group has formed this Complex Head and Shoulders pattern on the weekly time frame and has formed two layers of MACD Hidden Bearish Divergence. The most recent action we got on this stock was a weekly bearish engulfing candle, and now we're expected to see it come down at least to about $300, which would be very bad for the Dow Jones Industrial Average as UNH is the top weighted holding of the index.

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