As in Head and Shoulders and the long-term technical pattern that is being hammered out in the NYSE index.  We stumbled across this chart over at Bikini Analytics via SocialTrade.

We like how they premise the chart.

Major Technical Principal: The significance of a trendline is a function of its length, the number of times it has been touched, and the angle of ascent or descent. – Martin Pring, Technical Analysis Explained Fourth Edition.

Though the horizon is a little long for our trading style we are definitely keeping it on our radar.

(click here if charts are not observable)