Hi there!
The S&P is in critical situation. It has now reached the support line of the Head and Shoulders. Now I expect one of two things: bounce again and start to rally testing resistance around 930(again!!) or take that support line and selloff until the 50% Fibonacci retracement around 810! Note that if you measure the range of the Head and shoulder you will get around 69 points, which will be more or less the size of the movement if we breakdown the support line!
Swing It!
