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RizeSenpai

S&P 500 Inverse Head and Shoulders at PCZ of Bullish Butterfly

Long
S&P 500 Index (SP:SPX)  
RizeSenpai  
SP:SPX   S&P 500 Index
Chart Patterns Harmonic Patterns Technical Indicators Bullish Butterfly gapfill Inverse Head and Shoulders Bullish Divergence SPX (S&P 500 Index) S&P 500 (SPX500) movingaveragesupport
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chartpattern harmonicpatterns indicator bullishbutterfly gapfill inverseheadandshoulders bullishdivergence spx spx500 movingaveragesupport
The S&P 500 has formed an Inverse Head and Shoulders pattern at the 800 EMA after bouncing from the Potential 1.414 PCZ of a Bullish Butterfly and filling the gap below. Now the SPX is looking to breakout Bullishly and Target the .618 Retrace to fill the Gap above and perhaps go even further beyond.
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