H&S still in play

8 May 2020

This is an updated chart to my previous published idea about a possible head & shoulders. So far, it is still in play despite the recent scary price action. I actually think it's possible that the start of the H&S is much lower, meaning a lower neckline and a lower target, but I want to be conservative given how much recent price action has continued to defy bear (and fundamental) expectations.