Learn to Recognize a Popular Old School Chart Pattern
See examples of a head-and-shoulders pattern in a chart of SPY
by Debbie Hodgkins
Updated: May 31, 2016
A head-and-shoulders pattern is one of the most well-known classic chart patterns. In this 4-minute video from Jeffrey Kennedy's Trader's Classroom, you'll see an example of a bearish head-and-shoulders formation and a bullish, inverted head-and-shoulders pattern in the chart of SPY, the ETF that tracks the S&P 500. You'll also learn how to calculate the minimum expected target for the pattern.
One-of-a-Kind, Ongoing Mentorship Service for Active Investors and Traders
Trader's Classroom teaches you how to look at charts and spot trading opportunities for yourself. You'll get 12 video-based lessons each month that help you master the many critical aspects of finding -- and acting on -- high-confidence trading opportunities in your markets.
One-of-a-Kind, Ongoing Mentorship Service for Active Investors and Traders
Trader's Classroom teaches you how to look at charts and spot trading opportunities for yourself. You'll get 12 video-based lessons each month that help you master the many critical aspects of finding -- and acting on -- high-confidence trading opportunities in your markets.
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