http://www.cnbc.com/id/33696174/
Technical analysts including Greg Troccoli of Opalesque are closely watching the S&P. On the Halftime Report, Troccoli revealed that the latest trend lines are forming the technically important patterns called the “head and shoulders pattern.” And it's a very *bearish* signal. "If the* S&P* [.SPX 1066.63 20.13 (+1.92%) ]<http://data.cnbc.com/quotes/.SPX>trades below 1035 then the head and shoulders pattern will be complete," he explains.