The_Unwind

Everything "Head and Shoulders" Daily Update 6/23/23

Short
SP:SPX   S&P 500 Index
The Textbook Reversal "Head and Shoulders" Pattern
seems to be showing up everywhere in short term S+P 500 analysis right now.

Have you noticed...?

The 15 Minute S+P 500 Pattern ( Shown Here )
illuminates the pattern this week,
and clearly shows "neckline reversals" on rallies back to 4400.

The June 14,2023 High of 4391.82,
when broken this week,
dropped price back into the "previous pattern",
a bearish occurrence...!
and bulls never had a chance to recover,
with the S+P trading down every trading day this week.

Next Very Important S+P 500 Support = 4300
Know that Number

Position:
SHORT from 4391.82 !

S+P 500 Weekly Close 4348.33

THE_UNWIND
WOODS OF CONNECTICUT





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