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yogamarc

if we get a rebound... i'm seeing a bear H&S

Short
S&P 500 Index (FX:SPX500)  
yogamarc Updated   
FX:SPX500   S&P 500 Index
Technical Indicators Trend Analysis Chart Patterns
2
1
indicator trendanalysis chartpattern
i think the more macro inverse H&S that says bull is weak- i got long at 2710, but have since spotted the bear H&S on the 5min chart (shown here on 60), if that plays out, i will TP at 7231
Comment:
So i took profit at 7231 ... now looking to see if it slumps like i think it might
Comment:
just seen a bull penant on this chart (don't know how to add it here) ... right this moment the penant is poised on a small upsurge from the tip of the macro right shoulder of the inverse h&s pattern (not shown here)... so we might be heading up to the neckline of around 2812 again ... doubting it will continue to a proper bull run, but if it starts, i might get in on a long now.
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