S&P 500 2022 Crash like 2008 ?
@TrendTrading：
$S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $Amazon.com(AMZN)$ During 2008 crash , S&P mada a head and shoulders pattern on the charts and few weeks later it crash. In 2022 ,this is again making a similar head and shoulders pattern What is a head and shoulders pattern? Head and shoulders is a bearish chart pattern It comprimises of a left shoulders, the neck and the right shoulders. Most of the time there is a bearish divergence between the left shoulder and the neck. Volumes play a important role in this pattern The volumes are very low when the head is formed , but they rise significantly when the right shoulder is forming. The target of the pattern is the height of the neck. IF you are enjoying the content you can follow me on Youtube: https://www.youtube.com/channel/UCgJHoT14o0CglkwTX4Yjvpw/?sub_confirmation=1 We usually conduct free youtube webinars on long term investment,short term trading. Telegram: Stockmarket4beginners
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