Market Set to Retest Neckline of Head and Shoulders

148 views · Published 3 May 2011 · 1:52 · Indexed 24 October 2026

Channel: T3 Live · 2011 · News & Politics

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Last week the S&P ignited a reverse head and shoulder pattern, which has an ultimate target of 1410-1440. However, these patterns often take time to develop, and a retest of the neckline would be healthy action as long as it holds.

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