ESRX -Express Scripts- Head and Shoulders Reversal Pattern

Express Scripts Daily Head and Shoulders Reversal Pattern is currently underway for a breakdown, note the trape gap that currently active for todays trade which trade late buyers into fridays close. Completion of Pattern i.e. target is at 58.42 with an important support area that needs taken out at 60.08 from March Pivot highs. It's important to note that if 60.28 is pierced and and 60.08 is tagged and reversed and failed Head and Shoulders pattern attempt could be possible. This will give us an objective of 64.00. But for the time being this Head and Shoulders pattern is valid with a decent downside objective.

% Commision Round Trip

Here is a graph that I would like to share that shows the (amount in your account) based on (round trip commissions) i.e. how much you need to make on a trade to breakeven. Commisions are based on TDAmeritrade account. A typcial green horn opens an acount close to 5k, and isn't aware of a realistic target for there trade to atleast break even on there commisions. Not knowing this will result in a draw down over time and a decreasing profit and loss over a extended period of time, and not to mention if you lose on the trade. Having an objective consistent proven target with a small account size is crucial to success.

4 Years To Complete AB=CD Move (SPY)

SPY Weekly