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quicksilver0311

Head and Shoulder pattern on 15 min SPY

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
quicksilver0311  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) spyshort crownpattern
8
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trendanalysis chartpattern spy spyshort crownpattern
Clear head and shoulder pattern forming on SPY. With the semiconductor earnings on the cards this month, that could be the catalyst that fuels us to the next bear market.

Target 1: 244 by May 1
Target 2: 263 by May 10
Target 3: 218 by May 30

Timelines may vary but I'm assuming we will retrace every significant highs and lows.
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