Morning FUTURES alert. SPX shows 2 bearish signs.
Before going to school, I shall post my findings that I am seeing on my FUTURES chart of the S&P 500.
Notice the HEAD AND SHOULDERS? And if I zoom it out, I also see a DOUBLE TOP
Oh this is the 15 minutes chart. Looks like a bearish day ahead.
Anyway, I am not able to see if this will indeed break downwards, it should head at least 7 points downwards due to the pattern formation.
Good luck with trading today, I am staying out with my current positions, including a few PROSHORTS.
Happy trading.
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