Stewdamus' Chart Analysis & Trade Alerts

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Classic H&S Pattern Spotted on SPY 4 hr.

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Classic H&S Pattern Spotted on SPY 4 hr.

#s&p #s&p500 #spy #dxy #dollar #fed #thefed #fomc #jpow #infation #tightening #interestrates

stewdamus
Aug 26, 2022
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Classic H&S Pattern Spotted on SPY 4 hr.

www.stewdam.us

Traders,

In my view, the S&P is due for another 3-4% drop from this area before it finds good support again. This H&S pattern on the 4hr. support my viewpoint along with patterns, data, and additional indicators I have spotted on the dollar chart (DXY), the #vix, treasury yields, and stablecoin dominance charts. The data all correlates. We will go over these items and more in today’s weekly review video coming soon!

Stew

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Classic H&S Pattern Spotted on SPY 4 hr.

www.stewdam.us
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