Tuesday, 17 May 2016

Blog post: S&P 500 Head & Shoulders top, bearish moving average cross confirms

First a quick note to anyone who didn't get to this post from Twitter. I have posted infrequently to the blog in recent times, preferring to share charts directly via Twitter. To be updated with charts more frequently, please follow me there @AvidChartist

The S&P 500 appears to be forming a bearish Head and Shoulder top.

Bearish moving average cross confirms that I am not imagining things, the trend is indeed changing from up to down.