Trading the King's Crown

Amazing technicals....just look at where the buy point was today...exactly at the right shoulder and herds of buyers. A reverse H&S is developing if 616 is broken to the upside...long long and long....But remember, it could fail at the neckline too!! However, much volatility is ahead. Today it closed below pivot 610 and expect some down drafts tomorrow. It will be a down open tomorrow morning and is a Friday too. Tomorrow's numbers are 615, 605 and 598.

2c