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S&P 500, Head-Shoulder-Bottom Forming?

|Includes: SPDR S&P 500 Trust ETF (SPY)

From the 30mins chart taken on 2013 Mar 1. If it breaks upward thru 1525, it seems like SP500 could easily swing to 1565...

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.