You bet, we all know what happens once the head and shoulders pattern is complete.....we should see the start of the next big selloff which would indeed push SP500 to sub 1500 level which is in fact the usual May selloff....Lets see if the SP500 moves up to the 1575ish level first.....good reason to sit on the sidelines. I expect an overshoot to the 1585ish level this time though.....and then major pullback....Of course global events could easily overshadow the head and shoulders pattern and see SP500 get crushed much sooner....North Korea issues seem to be muted of late on empty threats but the Israel/Iran issues could escalate very quickly as Netanyahu seems to be anxious to act on Iran nuclear threat without USA backing....He is a very independant leader with loads of firepower......http://www.bbc.co.uk/news/world-22210751