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This is the daily chart of the German DAX, the benchmark for the German stock market, and quite often the Eurozone. This looks like a possible H&S in the making…

This is the daily chart of the S&P 500. If you recall this post,, the 2nd leg down has already started.


Hi, Spencer here! 😀

After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.

comment-img As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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