By now, we all know about the triggered inverse head and shoulders bullish pattern on the S&P 500, still with a 1565 target. 1548 has been the short-term downside level to watch this week.
Into the final ninety minute of trading today, I am watching this 5-minute SPY chart to see if the slow uptrend since this morning will hold.
As I write this, bears are pushing for a late-day fade. But we know the bulls retain the overall advantage until more concrete bearish technical evidence presents itself.
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I wonder if that’s an official stretch?
cc Rhino..
Hahahah
She seems pretty into it, blindfold and all. Chess, is that your bedroom?
Yes it is, slim.
Master trader AND smooth talker. You rule, as usual.