Hope this doesn??t`play out ($SPY $ES_F #market)

Not suggesting that this will play out..  Honestly, I hope it doesn´t.

Was doing some charting duriing the weekend and was looking at some longer timeframe charts which tend to filter more noise in this type of enviroments.

Here´s a monthly chart of the S&P500 in which looks like a (distorted) head and shoulders pattern might be forming.

Just an excercise, though.

Spxmonthly

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