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LotusTrading20
Oct 3, 2020 2:42 AM

$spx potential inverted H&S Long

SPDR S&P 500 ETF TRUSTArca

Description

A possible inverted H&S forming on SPX, with adaptive ATR having turned green and positive NYSE TICK divergence on the recent lows!
Comments
VincePrince
Seems like some reasoned technicals, thanks for the update.
LotusTrading20
@VincePrince, thank you.
BakiShirzadi
Perfect idea, good luck
PolarHusk
GoodPotential🐻‍❄️
LotusTrading20
@PolarHusk, bear had, technically, all it needed to crash the market (except a strong catalyst) and went back to hibernation... for now I see volatility ahead, but unlikely strong sell. which also speaks volumes to bear motivation , and as generally, absent catalyst, bear simply walks away. Nothing is guaranteed in this game, but all random crash callers get more often then not, run over... Modesty aside I called , not a crash, but a significant correction at #es_f 3392 in february, 3 days and 5 points before the actual high, on Twitter... won't say it can't happen now, but as of today I just don't see it coming yet! Good luck .
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