Technical studies

US500 Future confirmed a bearish H&S

Thesis The objective of this study is to show the possibility that there is a completed Head and Shoulders pattern with a breakout of the neckline (Figure 1). Development The possible corrective projection towards Fibonacci levels is mathematically computable. The only intermediate support is the MM200 daily.Momentum indicator, with a bearish divergence, confirms. Conclusions Also …

S&P500 (Future): the best global financial market driver

Thesis The market movement is not accidental. Each price is the result of the emotions, strategies and actions of millions of investors and the S&P500 Future, as a basket of stocks with the largest capitalization on the US market, represents the filter through which it is possible to observe the results. Develompment Since last January, …