Wednesday, October 14, 2009

SPX: Bullish Inverse H&S Target


August 23, 2009 3:34 AM:

"1085.24 has been IN PLAY since the May 1 technical breakout of the Bullish Inverse H&S. That breakout was successfully retested July 8 and 10 (refer to "Support at neckline of 4½ month Inverse H&S" on the chart) which, in large part, propelled us to the current level in the SPX."

The 1085.24 Bullish Inverse H&S target got MADE in the first few minutes of trading this morning.

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