here we have a potential double-top reversal in the making for the S&P 500 index. considering how run up the chart is on the longer term, I'm viewing this as a potential longer term reversal signal. but we'll see what happens.
Comment:
pattern seems to be invalid. for a longer term reversal signal, we need to be on the lookout for a double top reversal pattern on the monthly chart, not the daily; this has been the proper signal for each longer term bear market in the past few decades.