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To: JEB who wrote (85)	9/2/1999 12:27:00 AM
From: JEB	Read Replies (1) of 87

SPX has a Head and Shoulder pattern. We are on the right shoulder now. It should re-test 1345 but I believe it will fail. 1320 support is already broken from the other day. We should see a rally in the morning but I worry about a sell-off late tomorrow. VIX has a bullish pattern (reverse Head and Shoulder) but indicators point a drop to test 22 tomorrow morning. The H&S pattern has an ascending neckline (higher high).

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