CoinedByCrypto

2 IHS for the price of 1

FX:SPX500   S&P 500 Index
Price teasing with neckline but has still to make the breakout for the IHS' to pan out.
Must admit that I still stick to my monthly chart that is finding a market top due to a harmonic pattern that has been building for over 3 decades and the latest 2009-2014 bull run ( See chart below) On the other hand a move back and forth - bouncing on the monthly 1.272 fib extension is within a tolerable margin.
Safe trading ladies & gents!
BM
Music at work:
https://www.youtube.com/watch?v=2APDCyVZ...
http://open.spotify.com/track/25GMBsl8Zn...