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 7,643.9, 0% of the way to target (target is 0.27% 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 30, 14:30 | 7,664.4 |
| Neckline | Oct 30, 16:15 | 7,642.4 |
| High | Oct 30, 17:00 | 7,665.5 |
| Confirmation | Oct 30, 19:45 | 7,639.6 |
Recently closed Double top patterns: 28 in total, 21 reached the target first (75%), 6 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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