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Lminith

Possible H+S forming on SPX500

S&P 500 Index (OANDA:SPX500USD)  
Lminith Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Wave Analysis S&P 500 (SPX500)
3
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trendanalysis chartpattern waveanalysis spx500
Possible H+S forming. Wait for confirmation to ride the waves.
Follow chart.
Comment:
Reached high from 16th Nov.
Starting bounce below.
Comment:
After closure of 29th Nov, it seems that 30th will be moving sideways between high of 2753 and low of 2724.
I suppose major movements will be reserved for December, we'll see.

Structure still valid.
Comment:
If you're long take your profits before it bounces back, no volume to breakout.
Trade closed manually:
Missed on my previous comment, it got to the high of 2th Nov.
Monday will likely open on a gap... have to wait on g20 news during weekend.

Structure invalidated.
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