S&P500: Completed H&S Pattern Projects 1565
Gregor Horvat | Mar 06, 2013 09:49AM ET
S&P 500 made a nice push higher yesterday, moving successfully above the neckline and causing a break of 1530 level. Well, the current price action from 1484 has an impulsive personality so we should see even higher levels, possibly test of 1550 and 1565 (head and shoulders measurement) as we need five wave rally from wave C low. Critical level is now at 1525; market remains bullish above that zone.
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