Here’s the Pattern That Will Trigger a Stock Market Crash

Technical analyst Jason Sen identifies a head and shoulders pattern on the S&P 500 that could trigger a significant market decline. After breaking key support levels at 7540/35 and Fibonacci support at 7517/12, the market crashed to the 7445/7440 target. The analyst attributes the decline to fears of higher interest rates following strong employment data, but notes this trigger typically doesn't last long in a strong bull trend. A weekly bearish engulfing candle suggests further downside to 7280/75 if support breaks, though bounces could target 7400.