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st3wang
Nov 10, 2018 2:00 AM

S&P Forming A Bullish H&S 

S&P 500SP

Description

S&P is forming an bullish H&S.
Watch out for a local support zone at 2710-2730.
If it bounces from there, together with the indicator divergents, S&P can break the resistance and go up to test the new high.

Trade closed: stop reached

S&P broke the local support zone, invalidating the potential H&S. It's now testing the Support Zone 1 and will probably go down to test the Support Zone 2 soon.
Comments
SMPTrader
Wow such a detailed chart!! Keep it up
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