I have previously published the H&S idea. Since then the only adjustment I made was to basically clone the left shoulder instead having a free hand drawn shoulder.
We should see in the next couple days if we break the neckline. Unless JPOW pulls a goldn unicor out of his sleeve yesterday or something like that, we would probably see the neckline break very soon.
completing the ABC correction before the next 5 leg up to 78 Fib retracement AT which point we will start the C leg of the the big ABC coorection from ATH.
Crazy, I know, given the economy.
This is a quick and dirty draft primarily for myself.
Seeing H&S developing and it should play like that given the situation BUT we have a wildcard - namely the FED.
And them saying they are ready to buy ETFs to prop the market, I am not sure it will play out this way