VincentVitaleCFA

Major Head & Shoulders top forming on NYSE Index

Short
NYSE:NYA   NYSE Composite Index
1
Does anyone else see this as a major head and shoulders top formation? Especially with ther rejection of the 50 week moving average to start the completion of the right shoulder? Thoughts?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.