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TayFx
Apr 8, 2020 6:50 AM

US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020 Short

CURRENCYCOM:US50060
US 500Currency.com

Description

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US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020
Head and ShouldersTrend Analysisus500US500SHORTus500signalsus500longus500usdS&P 500 (SPX500)SPX (S&P 500 Index)spx500shortUS SPX 500
Comments
mrjcrawford88
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Does your analysis change after yesterdays SPY movement?
TayFx
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@mrjcrawford88, Yes and I will post the daily range for the SPX prior to market open here in the states! Check every morning. Also, the setup wasn't valid as the neckline was never broken yesterday. I will post the price I am looking to short later this morning, thanks
MisterBunny
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DO YOU THINK THIS MIGHT BE POSSIBLE?
TayFx
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@MisterBunny, Yes I am short, thanks
Imdmagic1
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@TayFx ...I'm all for heads and shoulders; I'm wondering when we will see knees and toes. :P
TayFx
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@Imdmagic1, soon?
Imdmagic1
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@TayFx, One would think fundamentals would start to set in...Forbes expects another 5-6 M unemployed reported tomorrow, and earnings seasons is just around the corner with firms likely to pull guidance. IDK...I simply cannot understand these recent trader rallies.
hectorjdgtrading
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some update? what do you think is going to do?
TayFx
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@hectorjdgtrading, I havn't even entered yet
TayFx
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would love to of entered on the breakdown but the bulls had otherwise to say. We may have opportunities in the after market hours @hectorjdgtrading,
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