I don't know who is leading. H&S all over: QQQ, Spy etc but Dow Jones Transportation and Russell have the perfect H&S. So my Guess is Russell is leading because its already braking down ahead of everyone....Ugly Chart. Tomorrow we might wake up to a good size drop....
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Broke down hard. Possible bullish divergence if we bounce tomorrow to test the neckline as resistance. Short on the bounce
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Bullish Divergence. Should bounce shortly to retest neckline or close to it. Small Santa rally .... Before a BIG SELL OFF IN JANUARY