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Cobretti84

$SPY possibly H&S forming?

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Cobretti84 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Technical Indicators SPDR S&P 500 ETF (SPY) spyshort S&P 500 (SPX500) SPX (S&P 500 Index)
8
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indicator spy spyshort spx500 spx
Definitely need confirmation, just something I'm keeping an eye on.
Comment:
Few days early, back in line.
Comment:
Moved lower again, looking for CPI numbers 4/12 to move lower.

Still inclined to believe we see new lows for SPX in 2022.
Comment:
lil bounce from CPI, fading.

So far thesis still in tact.
Comment:
Looks over, big down IMO coming. No longer updating this idea, shot positions still open.
Comment:
We can start eyeing yellow lines now.

If Fed really starts QT and doesn't fall back on rates, look out below.
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