ThomasMagdi

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Markets Allocation
100 % stocks
Top Mentioned Symbols
SPY 100% | 2
ThomasMagdi ThomasMagdi SPY, 120, Long ,
SPY: SP 500 Reverse Head and Shoulders Pattern Confirmation
28 0 0
SPY, 120 Long
SP 500 Reverse Head and Shoulders Pattern Confirmation

https://www.tradingview.com/x/aBAEBjZh/ At the close of trading on Monday October 5th, the SP 500 traded and closed above the neckline of a Reverse Head and Shoulders bottom pattern. The reversal target of an internal descending broadening wedge reached its third pivot on support adjacent to the right shoulder and advanced the SP 500 through the neckline early in ...

ThomasMagdi ThomasMagdi SPY, 60,
SPY: Potential SP500 Reverse Head and Shoulders formation
46 0 1
SPY, 60
Potential SP500 Reverse Head and Shoulders formation

https://www.tradingview.com/x/vRAebN8M/ A potential formation of an SP 500 reverse head and shoulder pattern has occurred as of September 25th. A Descending neckline has formed on points A and B with a head formation on an August 24 low of 1819. A Descending wedge pattern was initiated at neckline point B and is now complete at the right shoulder. Due to the ...

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