The intra-day H&S on the SPX 15-minute targets SPX 897:
stockcharts.com[h,a]gaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G
That would set up a right shoulder for an inverse H&S on the SPX 60-minute, with neckline at 910-911 and shoulders at around 897:
stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G
Inverse H&S measures to around 930.
Just something to keep in mind here.
There's a 914 SPX target still on tap for the 60-minute 3-white soldiers from yesterday early on. |
