RSP H&S pattern: Bear Market to begin this summer
The RSP H&S is hinting at what the real broad Market via breadth looks like if the 'tide' were to go out, revealing there is little support for the overall market other than the few tech big caps. It looks like we'll soon see if the net line is broken downwards to a minimum 10% correction or worse. Inverted yields always lead to recession...
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looks like this pattern failed.
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Seems to have created a sideways H&S channel pattern: back to back H&S patterns.