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stowstpheonix

UHHH...is that a 45min H&S I see?

S&P 500 E-mini Futures (CME_MINI:ES1!)  
stowstpheonix Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) S&P 500 E-Mini Futures
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trendanalysis chartpattern spy es1!
Not sure this is a legit pattern, but I noticed it on the 45min when I zoomed out to add a trendline from march lows...the blue line is trend line from march lows.

if the H&S is correct....and that trend line does not hold....3100 is coming by friday....if it holds. 3250.

what a time to be alive!
Comment:
I trade SPY for now, but I watch the eminis...2950 held big, and we should challenge the 3200 previous highs...likely this week.

I'd buy a pull back from there...if it breaks out, and restests and holds...I'd chase with small size. Not sure anything can stop this market short term, unless no new stimulus, but thats for hedges in AUG-Oct now. wow
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