It would be hard to ignore this double top. However not a big one.
Btw a lot of indicators (Squeeze momentum, MACD) are still bullish or neutrals.
There is not (for me) enough strength in this sole pattern to short SPY and NDX, but you should think to close your long positions.
It reminds me this double top:
It could bounce on the support as it could break trough.
Wait for a confirmation of the bounce if you want to long from ~430$.
Btw a lot of indicators (Squeeze momentum, MACD) are still bullish or neutrals.
There is not (for me) enough strength in this sole pattern to short SPY and NDX, but you should think to close your long positions.
It reminds me this double top:
It could bounce on the support as it could break trough.
Wait for a confirmation of the bounce if you want to long from ~430$.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.