I'm normally a Dow Jones Industial man, but just for fun let's look at the S&P 500 today.
The pictures is almost identical, eventhough the DJI went a little deeper than the S&P 500.
Okay back to the possible Shoulder/Head/Shoulder top set-up. As can be seen the Left Shoulder took some 17 days to from. The Left side and the top of the Head took 27 days to form. The Right side of the head only took 6 days to form, which was less than a quater of the time the left side took. If the right shoulder is as quick it will finish within a four days timefram. with the top of the Right Shoulder near the 1,119 area.
I have absolutly no possible way to know if things is going to play out as stated above, but it's always nice to have some kind of map going forward
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