MarketTimingAnalysis

head shoulder for spx is formed, next move will come down

Short
SP:SPX   S&P 500 Index
5 mins head shoulder is formed. Next move should come down before anything. Bigger header shoulder since Jan 2018 also formed.
Market need to confirm to move down if this is the next trend. It needs to move down to 2870 and below 2865 to confirm this trend.

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.