The 6/24/16 retreat from record highs could represent the third failure since the start of 2015 to break through the 1.618 Fibonacci retracement of the 2007-2009 correction. This move MAY also represent the start of the last leg of a complex head & shoulders pattern that started in early 2014. This setup MAY suggest we are facing a fast drop as we continue a downtrend that started in May 2015.