Inverted H&S Base on the S&P 500
With this morning's upmove, and after at least two successful tests of 1247.25, the pattern developing on the hourly S&P chart continues to resemble a three-week inverted head-and-shoulders base.
For more of Mike Paulenoff, sign up for a Free 15-Day Trial to his new ETF Trading Diary -- a combination of his diary services.