S&P 500 Inverse head and shoulders

• The Neckline of the inverse head and shoulders pattern has given support shown with the arrows on the right side of the chart.
• Price is approaching the neckline again. If the correction is limited to the neckline it will be yet another buying opportunity.
• If the neckline is broken the down move should be limited to 1100 levels, anything below 1100 will be risky for the bulls.