Kumowizard

From damage to Head and Shoulders?

Short
FX:SPX500   S&P 500 Index
- Ichimoku setup is neutral, price is at Kumo cloud. Equilibrium level is clear at 2703
- After the pull back from the first damage, market may be developing a Head and Shoulders pattern. If it gets validation below 2700, market would become bearish again.
- Bulls have no real hope as market misses momentum: see negative divergence in haDelta+ and haOscillator

Get ready!


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