About an hour ago I saw the inverted head and shoulder pattern and tweetd about it here is what I said “$SPY let em get your attention, by mentioning this invert. h&s that could be happening here. http://fsc.bz/OZo .” It is always important to watch the levels, and notice when something my go the other way that the market opened.
Of course, I wish we would tank further, but watching the $SPY. Right now I am noticing that we went above the 141.81 level, but we are having problem breaking above the 142.04 level which is a good resistance.
So Bulls should not count this day as a win unless they can break above that resistance.
May you al have a good end of your day.
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