tech, basis a perfect head and shoulder was formed yesterday.
i see 770 on the s&p in very short order and placed my bets accordingly...930 was touched yesterday,vix up today all the short interest is soaring and the financials are overbought...just being honest kids,faz should hit 8 before 3.
I see your head and shoulders pattern in spy. The right shoulder is in the process of being traced out. It does appear bearish. Even if we do have enough power left to take out the previous high things do seem to be weakening. Good read bootme.