#SPY Lower High or H&S Scenarios

5 May 2020

Short term bullish to either form a daily higher low at the 286 gap, or .618 retest. A head & shoulders pattern is another scenario to keep an eye out for. Once a continuation of the down trend is confirmed, I will be taking profit at 273 and 263 respectfully.

8 May 2020

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Timeline maybe be slightly stretched out but this chart is very much still in play.