Inverse head and shoulders with SP500.
USBANKS COMPLETED BEAR WEDGE.
Since US banks and SP500 have a higher 70-99% correlation, the prediction is that the banks will start a new pattern with its correlation with the SP500 temporarily recover Bullish to complete the inverse Head and Shoulders Pattern while starting a new pattern for the US banks
USBANKS COMPLETED BEAR WEDGE.
Since US banks and SP500 have a higher 70-99% correlation, the prediction is that the banks will start a new pattern with its correlation with the SP500 temporarily recover Bullish to complete the inverse Head and Shoulders Pattern while starting a new pattern for the US banks
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