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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.

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