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jojofang0901

SPX Get ready for the reversal

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S&P 500-index (OANDA:SPX500USD)  
jojofang0901 Uppdaterad   
OANDA:SPX500USD   S&P 500-index
Chart Patterns Head and Shoulders Parallel Channel priceaction structure pattern impulse correction FLAG Wedge
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chartpattern headandshoulders parallelchannel priceaction structure pattern impulse correction flag wedgepattern

Hello traders:

Looking out for the indices to have a bearish move this week.

We see price has been correcting in the HTF ascending structure for quite sometimes now. I

Latest LTF price shows us a Head and Shoulder pattern, at top of the overall price action, good indications that we may get the bearish momentum to come in.

Look for further downside corrections to form and confirm the bearish impulse reversal down.

Thank you

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HTF:
snapshot
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