Stock Market Pivotal Level: Chart Alert

Take note of the chart below. The SPY has formed a very important chart pattern; the Head and Shoulder pattern formation is complete BUT IT HAS NOT broken the neck-line yet (which means it is un-triggered at this moment). When the neck-line breaks, it will trigger the pattern. As of now the market still could bounce, avoiding the break. Watch for a daily close below the neck-line as this is a pivotal chart to watch right now!