S&P 500 Technical Analysis: Head And Shoulders Chart Pattern Forming

In today's S&P 500 Technical analysis I discuss the head and shoulders chart pattern forming on the 30 minute time frame. First I will go over the weekly timeframe , then daily, and then the 30 minute timeframe where this pattern is forming.

Head and shoulders patterns are typically bearish once the neck line is broken. Keep an eye on the s500 for a potential crash through the neck line when the market opens after memorial day weekend.

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only