Revised the right shoulder from the previous published idea. Tread lightly and position neutral/net short this month!!
Very similar chart pattern appears leading up to the 08/09 crisis on major indexes.
Nice head and shoulder forming with fib-retracement acting as resistance. Potential support @ 6318 with 200 MA & Neckline but nice build-up thus far.
Strong resistant tested despite having an "excuse to rally" based on White House announcement re: AMZN. Limit order to short @ $159 Buy @ $151
