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Perhaps Right Shoulder is done for H&S
Last wave up was corrective because of overlapping structure - that's potential right shoulder for H&S, the Neckline is inline with Channel Support
Very possible broader market top here. You can take a look at correlation between Bond and SPX Volatility and see that more chances that VIX will go higher from here than lower. VIX up = SPX down
s3.amazonaws.com/tradingview/snapshots/c/cgJOce6v.png
Very possible broader market top here. You can take a look at correlation between Bond and SPX Volatility and see that more chances that VIX will go higher from here than lower. VIX up = SPX down
s3.amazonaws.com/tradingview/snapshots/c/cgJOce6v.png
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