EdwinPus

SPX calls and the current Head and Shoulders pattern

BLACKBULL:SPX500   S&P 500 Index
Need a close above the current head and shoulders pattern, even with a close above, the yield curve is trying to inverse and VIX is building up a breakout pattern, so this is for short term plays only.

I might post a lot, but I do it because I care about being objective and think about the market as I proceed with my trading. I'm not selling anything, I'm trading with my own money on the line, so I take it very responsibly and spend countless hours analyzing the markets. From time to time, I leave the realms of being vague and on the fence and make precise calls. They might get wrong sometimes, but in cases as such it makes sense to bear with my ramblings and go through the thought process with me, understanding why I think the way I do and how I see the market.

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