There is a very significant Head and Shoulders pattern forming in the $SPY.
May 05, 2022 at 9:36 am - by Editor Prism MarketView
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.