$SPY Headed for 8% Upside? Inverted Head & Shoulders

It was a constructive week for the markets as higher lows were formed and some key levels were taken out ($SPY 200 day moving average, $QQQ resistance at 56.00, $XLF resistance at 12.80, $SMH 30.50) The video takes a look at these markets and some possible scenarios for what is ahead including the potential for taking out the highs of 2011 in the $SPY…