SP500 Technical Analysis Update (Are We In The Eye Of The Storm?) | Head And Shoulders Pattern Trade

In today's SP500 technical analysis update, I discuss the possibility of a potential head and shoulders pattern forming on the daily time frame During this Bull Trap.

Head and shoulder patterns in technical analysis is a bearish formation (unless its an inverse). Judging by todays price action we might be seeing the sp500 (SPY, S&P 500, US500) move higher tomorrow. There still is a chance it might be a turn around tuesday and this can all just be a false break out.

I go over some different possibilities and things that I am paying close attention to in this technical analysis update on the sp500.

If you have any questions, please leave them in the comment section below!

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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