The S&P 500 SPX might be completing a head and shoulders pattern—a classic bearish signal.
We’ve been following this for a while, we've seen the left shoulder at around 6,000 high, which hit on the SMP FOMO-o-meter, the head near 6,100, and a potential right shoulder at 6,000 high. The key neckline sits around 5,800—a break below could target 5,600.
Watch for volume spikes and economic data to confirm the move. But if the S&P pushes above 6,100, the pattern is invalid. Stay ready—this could shape the market! *Video being uploaded. Link to channel in profile*
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.