$US500,$SP1! H&S (Bearish 4-hr Reversal)

Technically the right-shoulder rejecting the blue dotted line will be the 4-th valid rejection, however what's worth pointing out is the 'head and shoulder' which is a bearish reversal pattern. With American servers offline tomorrow, it will be interesting to see the ability for bids to make its way and break $2973, which I doubt will happen and will remain bearish until it does.

22:10:47 (UTC)
Sun May 24, 2020