One More Day But SP Still Looks MISERABLE At The End Of The Day

SHS & Dead Cat Bounce

Most of the miserable history of the SP is told by the above chart but here a resumé:

I see:
A symmetrical SHS
Fib time zone adds to the overall picture of bearishness.
Shoulder, Head & Shoulder fits well with fib time zone and the cycle.
Trendline from top and the 61.8 retrace ending up in fib zone time 5
Neckline at the 2,070 handle.

Price wil until breakdown possibly bounce as a dead cat within the 61.8 retrace of top and the neckline.
As I stated in one of my other charts.. Keep on being bullish as long as bulls are breathing... I see that will come to and end within the next month. Fib zone time and cycles suggest in the 2nd week of juli

Trade what you see...best to your trading!
BLawrenceM

Music at work:
youtube.com/watch?v=zp-f-Pwpu9E
open.spotify.com/track/4ebEVhWoJ35j4XcG9i5Tbu