This is XLK the technology select sector similar to the QQQ and the Nasdaq i think, the pattern is quite clear here looks kind of like three mountains with the biggest in the center. For this patten you measure the height from the tip of the middle peak to what is referred to as the neckline where all three parts meet, in this case it would equal nearly a 10% drop. So if it plays out it would be a substantial drop that would be felt around the markets without a doubt. It just closed the gap fill and i honestly feel like taking the trade right now but i am going to wait until it confirms a break downward before getting involved. This is also making an M like shape which is a signal of a top, so if it is going to break this month would be the ideal time technically.