S&P 500 Double top 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double top: Active
Last 7,717.5, 0% of the way to target (target is 0.32% from confirmation).
What this tells you
Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| High | Oct 29, 13:15 | 7,744.7 |
| Neckline | Oct 29, 16:45 | 7,716.0 |
| High | Oct 29, 17:00 | 7,742.5 |
| Confirmation | Oct 29, 22:00 | 7,711.7 |
Recently closed Double top patterns: 32 in total, 24 reached the target first (75%), 7 were invalidated and 1 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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