Spy looks to have made an inverse head and shoulder today on the 15 minute chart. This will most likely result in a strong short bull run, similar to what we had last Friday.
Inverse Head and Shoulders are my favorite indicators for a short bull run.
The price target for the head of this inverse head and shoulders is 452-453.
I wouldn't be surprised if this...
Looking for multiple inputs on this idea. I am looking for high 430s-440 (testing last resistance) to confirm this. If we pass 441 the ascending wedge will have been broken (remember this is an inverse chart - technically an ascending wedge is a descending wedge). A descending wedge is BULLISH -
What I see here is a cup and handle (remember inverse chart) that...