ryandbaird

A bear's wet dream

AMEX:SPY   SPDR S&P 500
661 1 2
Could there be a huge H&S pattern forming the SPY? Its possible but I wouldn't put that much weight into it. I'm sure everyone remembers the massive head fake a couple years ago. Something to keep an eye on though...
I don't think h&s is an important factor in this case, but still agree with your perspective
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