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.
Trader's Classroom teaches you how to look at charts and spot trading opportunities for yourself. You'll get 15-20 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.