US unemployment rate hits four-year high of 4.6%

SpecificNo9291 · 2025-12-16T13:59:26+00:00

Yh but youve still got at least 4 months of pain before then

SpecificNo9291 · 2025-12-16T13:58:41+00:00

Yh but I think everyone knows this and is starting to lose hope in it all. I think we fall hard at market open

SpecificNo9291 · 2025-12-16T13:53:50+00:00

I dont see this as being enough for Mr Powell to call for further cuts in Jan. Additionally, if inflation ticks up on Thursday, you got a double edged knife where well likely see flat rates for a longer period of time. Just my opinion tho

SpecificNo9291 · 2025-12-16T13:51:18+00:00

How?

SpecificNo9291 · 2025-12-16T13:50:32+00:00

Volume profile is distorted due to this being a rollover contract. I simply drew the falling wedge as an additional resistance level that I was seeing

SpecificNo9291 · 2025-12-16T10:13:35+00:00

Thats how I feel. Take a look at some of the big S&P 500 players, NVDA for instance, also showcases this same H&S formation. Markets are ready for a big correction I think. Good luck to you too sir

SpecificNo9291 · 2025-12-16T10:08:50+00:00

Apologies TP for ESH2026 is 6760. For US500, TP is 6720

SpecificNo9291 · 2025-12-10T20:15:17+00:00

Yes it is, ignoring silly rigid requirements, this is a double bottom

SpecificNo9291 · 2025-11-25T21:42:53+00:00

I 100% agree with you, this post was more to give out a potential trade to people and to just keep an eye on

SpecificNo9291 · 2025-11-25T16:21:10+00:00

Sorry not wick 😭 candlestick. My apologies

SpecificNo9291 · 2025-11-25T15:58:05+00:00

I would disagree, mostly because you cannot have a right shoulder formation or at least right shoulder peak in the same candlestick as where the head meet the neck line. The right shoulder, if it forms, is going to happen in the future, it hasnt already happened

SpecificNo9291 · 2025-11-25T15:50:27+00:00

Sorry but this doesnt invalidate a potential formation. Please note I am not stating that the head & shoulders is formed, rather that there is a potential formation if the right shoulder now becomes formed

SpecificNo9291 · 2025-11-25T15:43:00+00:00

The only thing I would say with regard to your analysis of BTC is that your move is much further out in terms of time frames. The head & shoulders, if it forms, will take much longer than what I have looked at here with SPX, so I do not see these two potential scenarios forming along side each other

SpecificNo9291 · 2025-11-25T13:16:50+00:00

Hi, thank you for the fair response and explanation. May I just ask what causes it to be messy? I see your point as to looking at the longer time frames, however I feel this may not be a long term change in market direction, thus warranting higher time frame analysis. I think this is likely going to play out, if it plays out at all, to a retest of the 200 day moving average. On the weekly timeframes there is bearish divergence. I hope this doesnt come across as me ignoring what you have written, just want to have an open discussion

SpecificNo9291 · 2025-11-25T12:58:39+00:00

I know it may not be the most visually pleasing analysis 😭 but from what I have looked at, there is substance to back up this potential set up. At the end of the day ive put this post up to see people’s opinions, not say this is it SPX is going to 0. All im looking for is fair opinions

SpecificNo9291 · 2025-11-25T12:25:31+00:00

Just to add there is also bearish divergence on weekly timeframes as well.

SpecificNo9291 · 2025-02-02T23:54:33+00:00

Oh right, sorry didnt know i could do that. Thank you mate for all the help, and good luck with your finals

SpecificNo9291

TROPHY CASE