[MownySue]

�� Bullish resolution of an inverted head & shoulders pattern for the S&P 500 Index above 962.53 in July.
�� Ascending channel pattern features key long-term resistance trendline at 1135.43 as an initial target.
�� Additional resistance located against 50% Fibonacci retracement level at 1122.42, followed by 1167.04.
�� Inverted head and shoulders pattern has measured move objective of 1245.13.
�� Support located at 1023.88 and the neckline at 971.83.
�� Rally in stocks corroborates decrease in risk aversion.

[CrydrakKayacy]

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