There is a very significant Head and Shoulders pattern forming in the $SPY.

There is a very significant Head and Shoulders pattern forming in the $SPY.
The neckline is essentially $430 – if we rally above $430, we can see $455 – $460.
If we fail, likely we continue back down to the lower end of the recent range.
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There is a very significant Head and Shoulders pattern forming in the $SPY.

Editor Prism MarketView