Head and Shoulder Top

521 2 15
Possible Head and Shoulder Top in development with SPDR S&P 500             ETF ( SPY             ) on daily chart . We have all the Ingredients for a Head and Shoulders Top; Trend Reversal, Prior Trend, Right Shoulder, Neckline and Head. Now we need to see a retest of the neckline followed be a bounce to make a left shoulder. The reversal measurement if today were to peak near 162, the correction would be 145.
QuantitativeExhaustion QuantitativeExhaustion
Not sure why chart did not upload correct. Was using a Mac with Safari when I uploaded my chart. Thumbnail image is correct as well as the chart insert above this message.
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