Well, ok, now I see. Left shoulder, head, and right shoulders match the dips in the SPX500 . Completing the right shoulder to 36 ( ish ), allows the SPX500 to dip back to previous lows, or beyond a bit. The late August flash dip correlates to OIL dipping below the previous low, which all the bulls were hoping would not happen. So if we dip below the previous low again? AND if we do get into the 20's with oil , its flash crash time for the S&P .