SPY, head and shoulder?

The entire move since mid-August could be the "head". If so, there could be a big rally pending to trace out the "right shoulder". We'll see.
 
I have been looking at the $INDU, and had the same thoughts.
Currently, in the night session its dropping lower.
Will see if after opening it will try to close the gap or keep going lower.
Lets see, if this will be one of those "self full filling prophecies":
If you see it, and I do, and everybody else see it.....you know what I mean.
But then, I am still a newbie; with one opinion more.
 
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