why, page-14

Hi all

This is my first post on the xjo thread but read it avidly and I've enjoyed learning from many others that post here regularly. Robbbbbb, Voltaire, 9 lives, Wink and too many others to name.

I'm looking at a chart of the SP500 and I can see an inverse head and shoulders pattern forming from early november till now. Would someone be kind enought to confirm if i am right in saying that if we see a move to about 893 (i have extended a line through its neck, and if we were to break that then we couls have a short term target of 1046?

I'm very new to TA and trying hard to learn the basics

Cheers
Beagle1