SPY H&S correction.
Long!
H&S with a reverse shoulder down to the trendline then LONG to All time highs.
H&S with a reverse shoulder down to the trendline then LONG to All time highs.
Trade closed: target reached
537.14 is a strong resistance....
I would trade carefully.
The market wants to go down (check out my other Ideas with the M double top).
But we might find support and market makers may trap everyone...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.