Can anyone confirm the volume profile on this H&S?

R

RangeTrader

Just noticed this on the S&P 500...

Does anyone happen to know if the volume pattern matches properly? Try the SPY or the /ES for vol. I don't trade these chart patterns. Just curious...

Gonna be some good long setups at the yearly new lows/near lows again if this thing breaks next week.
 

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No, it isn't a H&S until it breaks the bottom support level of 1325. Everyone knows that.

But, the setup got canceled by the highs tested and turned into a divergence.

I originally expected the market to top out at 1369 today from my calculated projection last Friday, but were slightly stronger than expected.
 
Until yesterday it was a forming H&S (volume was confirming). But you drew the neckline wrong, the first trough was June 25th.
 
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