S&P 500, Head & Shoulders Top?

July 22, 2021 By in Biotech, BIS, IBB, LABD, S&P, S&P 500, SPY

11:40 a.m., EST

Potential Head & Shoulders

The hourly chart above shows the potential.

A pull-back to the hourly low (434.07), gives additional confirmation to the nascent reversal.

In the biotech sector, SPBIO is currently pulling away from the 38% retrace discussed yesterday (LABD higher).

Stay Tuned

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