[SPX] BEWARE the Ghost HEAD... Still Holding 1M H&S Structure!
It's hangin by a thread but the Right Shoulder breakout is still contained within a 1M H&S Head Fractal aka Ghost Head.
Watch yourselves out there! Conditions may just be about to get even rougher.
Watch yourselves out there! Conditions may just be about to get even rougher.
Catatan
Don't forget about the Futures...
Catatan
Back up to magenta, lets see if it breaks through or rejects, overall still pretty bearish...Catatan
Fractals holding well...Catatan
These new red and yellow dotted fractals are key inflection points to keep an eye on if we're going higher, otherwise you can watch it ping pong to a new low...Catatan
Red dotted is a broader down megaphone bottom fractal that fits nicely along the top here.Catatan
Ghost head moment of truth...Catatan
It's trying to test the op of 1.5Y Peak Channel again, how it reacts there will make the next move more clear...Catatan
Fractal rejected with some space and avoided the touch, typically bearish...Catatan
Keep an eye on the iterating topping fractal inflections...Catatan
Keeps getting stuck here, let's look out for breakthrough or rejection again...Catatan
Tested the next dotted fractal...Catatan
New topping fractal rejected Price today...Catatan
Upchannel fractal held very nicely here, we're in No Man's Land, notice the gap over our red megaphone fractal, this is all lookin pretty precarious...
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.