TradingView
lihizzle
Jan 28, 2015 9:21 PM

SPY 

SPDR S&P 500 ETF TRUSTArca

Description

H&S formation after being rejected by trendline of a broken long-term ascending channel.
If 198 doesn't hold, we can head down to fill the gap from Oct at 190.
Comments
LiyouZhang
Agree, 198.50 is a level. If it holds above that level, then it's likely to form a wedge. If 198.50 doesn't hold, then it could be a head and shoulder breakdown.
More