I woke up this morning, and turned my S&P 500 hourly charts, and I have to say the first thing that stuck out at me is the head and shoulder chart. Normally these sorts of patterns are seen as bearish. So I would expect that FRIDAY that some downside pressure is going to come to the markets!
Here is the hourly S&P 500 chart below.
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| SPX HOURLY CHART - Head and shoulders pattern |
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