S&P Completing Head and Shoulders Pattern?
The S&P 500 
SPX might be completing a head and shoulders pattern—a classic bearish signal.
We’ve been following this for a while, we've seen the left shoulder at around 6,000 high, which hit on the SMP FOMO-o-meter, the head near 6,100, and a potential right shoulder at 6,000 high. The key neckline sits around 5,800—a break below could target 5,600.
Watch for volume spikes and economic data to confirm the move. But if the S&P pushes above 6,100, the pattern is invalid. Stay ready—this could shape the market! *Video being uploaded. Link to channel in profile*
SPX might be completing a head and shoulders pattern—a classic bearish signal.We’ve been following this for a while, we've seen the left shoulder at around 6,000 high, which hit on the SMP FOMO-o-meter, the head near 6,100, and a potential right shoulder at 6,000 high. The key neckline sits around 5,800—a break below could target 5,600.
Watch for volume spikes and economic data to confirm the move. But if the S&P pushes above 6,100, the pattern is invalid. Stay ready—this could shape the market! *Video being uploaded. Link to channel in profile*
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