Is it a HS? RSP SPX equal weight

12 de jun.

HS pattern on the making? Would confirm if neckline is broken to the downside.

17 de jun.

Nota

Price keeps hanging on to the neckline, 2 matchballs already saved.

20 de jun.

Nota

Keeps consuming time sideways. Still unable to make a short term higher high above 166. Volume keeps pilling in the area, Ichimoku cloud remains narrow, and the RSP keeps diverging from a MAG7 driven SPX. If pattern breaks to the downside, 157 level is the next stop (200 day MA & volume support)

15 de jul.

Trade fechado: stop atingido

Stop reached. Position closed.