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S&P 500 Index
Short

S&P500 INDEX (US500): Bearish Pattern & Pullback

447
https://tradingview.sweetlogin.com/x/U1b6Ho5f/

S&P500 Index formed a head and shoulders pattern on a daily time frame,
trading in a bullish trend.

The breakout of the neckline of the pattern signifies the local exhaustion of the
buyers and highly probable coming correctional movement.

I expect a bearish movement at least to 4465

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Candlestick AnalysisS&P 500 E-Mini FuturesHead and ShouldersindexesNASDAQ 100 CFDnasdaqpriceactionpriceactionanalysispriceactiontradingS&P 500S&P 500 (SPX500)Support and Resistance
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.