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Easy Play This Week: The Inverse Head and Shoulders

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
In order for this inverse head and shoulders to play out, we need to see a retest of the 3415 area, and hold. Should that price level hold, and the neckline break, upside targets are 3500, 3520 and 3558. The only way we see 3558 is if buyers are impressed with the biggest of the 900 companies reporting this week.

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