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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: John T. who wrote (24942)	7/12/2000 9:40:07 PM
From: John T.	Read Replies (2) of 42787

Follow-up chart of Inverse Head & Shoulders pattern on S & P 500 Index (SPX): home.swbell.net The inverse head and shoulders pattern shows a minimum up side price target of 1504. This is the minimum target; SPX could go significantly higher. But, look where the SPX found resistance today. Right at the upper trend line of the larger broadening formation. If the SPX is going to go higher, it needs to take out the upper trend line of the broadening pattern.

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