right shoulder to... somewhere

SPDR Dow Jones Industrial Average ETFArca

Description

⋅ Mar 12, 2019 10:51 PM

Bearish shark implies a 0.5-0.618 retrace to the green box... where it'll paint a right shoulder for either a small inv H&S or the larger H&S. The green arrow seems more plausible since the indices just seem to accumulate with abandon on Fridays.