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[redfoliage2]

SPX is forming an Inverted head and Shoulders with the neckline at 1477:
http://bigcharts.mar...i...1&rand=9344

SPX is forming an Inverted head and Shoulders with the neckline at 1477:
http://bigcharts.mar...i...1&rand=9344

That should serve as a valid bottom and is considered as super-bullish once the neckline is penetrated.

Now It looks that yesterday's big drop was just a shake-out engineered by the street boys for them to load at lows.

Edited by redfoliage2, 29 August 2007 - 09:52 AM.