I'm not a fan of "Head and Shoulder" formations... but this might be one...

Scataphagos said:
Wannabe technical analysts seem to see "H&S all over the place", when they rarely work out as envisioned.

However, this might be a genuine one... IF the neck line breaks and holds as resistance, it's likely negative for the market. FWIW...

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Not bad, but I personally prefer to see more of a rising neckline and a shorter-term failure swing on my H&S tops.

Also, there's no volume plotted. So, I'm only looking at half a story.

Nice catch.
 
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