pnaik732

sick close on the H&S line

SP:SPX   S&P 500 Index
look at that perfect close on the H&S line....

what happens next no one knows

however, this is technically a topping tail, close was below (close-open)/2

so short term have to expect a pull back

that said maybe SPY chart looks different in terms of topping tail formation; haven't checked
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.