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SPDR S&P 500 ETF TRUSTAtualizado

$SPY possibly H&S forming?

Definitely need confirmation, just something I'm keeping an eye on.
Nota
Few days early, back in line.
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Moved lower again, looking for CPI numbers 4/12 to move lower.

Still inclined to believe we see new lows for SPX in 2022.
Nota
lil bounce from CPI, fading.

So far thesis still in tact.
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Looks over, big down IMO coming. No longer updating this idea, shot positions still open.
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We can start eyeing yellow lines now.

If Fed really starts QT and doesn't fall back on rates, look out below.
Cobretti84
Technical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshort
Cobretti84

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