SPX Get ready for the reversal

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S&P 500 인덱스 (OANDA:SPX500USD)

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OANDA:SPX500USD S&P 500 인덱스

chartpattern headandshoulders parallelchannel priceaction structure pattern impulse correction flag wedgepattern

Hello traders:

Looking out for the indices to have a bearish move this week.

We see price has been correcting in the HTF ascending structure for quite sometimes now. I

Latest LTF price shows us a Head and Shoulder pattern, at top of the overall price action, good indications that we may get the bearish momentum to come in.

Look for further downside corrections to form and confirm the bearish impulse reversal down.

Thank you

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