Most of the major indexes have potential inverse head and shoulders set ups.  The DOW and SPX 60 min charts below show the LS and Head are in with this pullback serving as a potential RS.  I’m looking for the DOW to pullback 38.2% and the SPX only 23.6% for their respective right shoulders. Remember these patterns are only confirmed with the move that follows the right should that breaks above the neckline and then become voided should they close significantly back below the neckline after confirmation.