S&P Capital IQ Chief Technical Strategist Mark Arbeter looks at the third inverse head and shoulder/”V” formation in the S&P 500 chart along with possible outcomes. Follow Mark's intraday posts on www.stocktwits.com and on www.twitter.com @Arbeter_SPCapIQ and read the full report on www.marketscope.com.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer