$SPX is currently forming an inverse head and shoulders pattern.
This setup suggests a strong bullish reversal, and when the breakout happens, it could be swift and significant.
It’s a powerful pattern for SPX, potentially signaling a major upward move.
Momentum feels strong consecutive gains seem likely, and this scenario looks no different.
If you’re holding shorts, consider closing them and preparing for long positions on $SPX.
The chart is pointing toward a bullish opportunity.