buddyboo
Short

Reverse Head and Shoulders Pattern forming?

SP:SPX   S&P 500 Index
288 views
5
288 6
Looks like a Reverse Head and shoulders pattern forming possibly. Longs might want to hold off. Shorts get ready.
Comment: My crystal ball and several kind viewers have informed me the red arrow should be pointing upwards. Cancel those sell orders. Buy Buy Buy!
It in incorrectly named. An inverted or inverse HnS which is bullish as opposed to a regular HnS.
Reply
Swing and a miss... The reverse head and shoulders pattern is a bullish upward pattern. Even a simple google search would show you that. Your arrow is facing the wrong direction.
Reply
Funny how this should be optimistic indicator but always fails bc it’s shorted to death. Still, I agree.
Reply
lol... I guess I should go long then. I'm surprised anyone even saw this.
+1 Reply
I think you confused a little detail man...
+1 Reply
LOL? Reverse head and shoulder is reversal pattern. i.e. long term it will go up. Your red arrow is wrong.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out