SPY 4 Hr Chart What to expect
I have shared this on ST a few times and wanted to get it on record here with Tradingview. Cheers Bulls !
Quick exlination - we are in a 2 to 1 ration for patterns favoring bulls.
If we go for the head and Shoulders we will be forced back down into the wedge so that's what we don't want. On the other hand we can finish an Inverted H and S or consolidate and round out a bigger cup and handle that simple. use trend lines to help make your determination.
Quick exlination - we are in a 2 to 1 ration for patterns favoring bulls.
If we go for the head and Shoulders we will be forced back down into the wedge so that's what we don't want. On the other hand we can finish an Inverted H and S or consolidate and round out a bigger cup and handle that simple. use trend lines to help make your determination.
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