Suncore Head and Shoulders

SU Suncore Head and Shoulders Pattern . I expext to be at the neckline Monday or Tuesday.

This may not break untill after FridayOptions Expiration .


To trade this Wait until a daily close below the neckline. And a large spike in daily Volume.
The Target would be 26 ish with a resistance at 29 to push through.

It is important to remember this is a rectangle Pattern also and if the neckline dose not break we can easily revisit the top of the right shoulder and head....Pay attention to how price reacted the last two times it touched this level.....always look to the left for past support and resistance structures where price can react .

Market TAO Wed 11-25-09

Cup and Handle with an inverted Head and Shoulders

Market TAO 9-18-09

SPX 500 Head and Shoulders Pattern..

Es Futures are up to the 1066 area at the open...

I am neutral at open , news tape is ok and dollar is still weak . today is options exp so it could be choppy.

we will see how first 30 mins go.