Should Investors Be Concerned About the Head and Shoulder Pattern Forming on the SP500?

Here is an early post of today’s Youtube video:

 

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18 comments

  1. (8) 8
    MMM says:

    Hi Peter,

    The link does not work!

    Please fix this. Normally, there is a proper video you can click on, which is not the case for this poste.

    Thank you in advance

    MMM

    1. (0) 0
      GOT says:

      We are experiencing issues with scheduled Youtube posts on the website. Our web development team is looking into the issue and we’ll find a solution as soon as possible
      Apologies for the inconvenience.

  2. (3) 3
    laffer says:

    Hej Peter

    Video is private and can’t be open.

    Best Regards

  3. (1) 1
    AROON GURNANI says:

    there is no video, please check

  4. (0) 0
    cbrchutney says:

    Video reads private (which is all good) but please make it work for members

  5. (0) 0
    catweazle says:

    Video unavailable
    This video is private

  6. (0) 0
    JohnnyOptions says:

    Ditto. no luck reaching the video, this morning in the Eastern USA.

  7. (0) 0
    JohnnyOptions says:

    Peter, Can you post a Tweet once the video becomes available? Thank you

  8. (0) 0
    Walhamdi99 says:

    Video unavailable

  9. (2) 2
    Peter Viking says:

    Here is the link
    https://youtu.be/6ewyLe6kmCc

    1. (0) 0
      BBindelay says:

      Hey Peter

      How do you draw that Fib Extension shown in your video? I only find fib trend extensions.

      Thanks!

  10. (0) 0
    Jag - across the pond in the UK says:

    hi guys – a number of preview videos the link never works – please can you set as a hyperlink

    best

  11. (0) 0
    SURAJ783 says:

    Peter, nice video and good technicals.
    However do you think we should also be considering the impact of the Ukraine crisis on the SnP 500?
    What is your view of the impact of the stock market with regards to the crisis?
    Is this an opportunity or a signal to get out of the stock market?
    Thanks

  12. (1) 1
    LB_NYC says:

    I do see the possibility of Geo political risks resolving them self self and markets pushing higher in the short-term, Q1 earnings can extent the upside play to new highs.

    With high Inflation, VIX, increasing rates, Geo political risks hard to time the markets….

  13. (1) 1
    John Garcia says:

    Am I see I ng this right? The daily was above the 200 moving average but as of close of Friday it broke way below it

    I’m guessing this video was recorded before friday?

    1. (0) 0
      SURAJ783 says:

      I am quite sure it was before the panic selling late on Friday.

    2. (1) 1
      carredondo04 says:

      Yes your are seeing this right and yes it may have been recorded early in Friday. However, in previous videos Peter has mentioned the possibility of the market going lower and re-testing the previous low and possibly forming divergence in the RSI. Did you see that video?

      Hold strong! I figure it may be very volatile until the next FOMC meeting when I believe the FED will finally announce they will hike rates. The Russia/Ukraine ordeal is just an excuse to keep the market in check and keep retail some retail investors chasing their tails losing their fortunes.

      1. (1) 1
        SURAJ783 says:

        Ever since the video was posted, it is looking more likely that the SnP will break the neckline and drop further to 4270 or even 4000 pts.
        Would be nice if Peter can share if he still thinks it wont.