Inverted Head and Shoulder in the 60

DEC11:Inverted Head and Shoulders. If the Support above 204 can be maintained and enough buyers show up this recent drop can be recovered to the 208 level. It would be a good excuse to call it the Santa Claus Rally. Besides there is enough room between the 203 and 208 trading range. I used the 60 M chart
This is not a long term position, since we are at the last trading month of the year and after Christmas the market has given some after party surprises. Honor your stops.