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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: bob_o11/14/2025 3:23:52 PM
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The S&P bounced right off the neckline of what looks like a perfect H&S top formation. Other indexes displayed a similar pattern. We should know within the next couple of trading days if that formation holds true. I was thinking that neckline might be the next best point of entry for at least a very short-term bounce, but I didn’t think it would get there this quickly. (Unfortunately, I slept well past the opening this morning and missed any chance to play it.) But I still think the odds favor an eventual move down to the upper 6200’s, which would be the H&S projected low. That opinion is being influenced by Bitcoin leading the S&P downward.
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