From Friday Morning:
"The SPX Bears have got the chance of morphing The Channel (pattern in red) into a H&S Top (pattern in yellow) by "giving it up" to The Bulls and allowing them a rally here to form a Right Shoulder"
Rather than "giving it up" to The Bulls on Friday morning, to establish a Right Shoulder of a H&S Top, The Bears went for an early take down of the top of the Symmetrical Triangle (pattern in white). They violated it briefly in the morning, but The Bulls took over for the remainder of the session and managed to keep price above the Symmetrical Triangle.
Advantage: The Bulls
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