Has ES Formed a Head & Shoulders?

Is a Head & Shoulders flagged on ES right now?

No Head & Shoulders is currently flagged on ES right now.

How often has ES formed a Head & Shoulders?

ES has shown a Head & Shoulders 4 times, from 2026-04-28 to 2026-06-11.

About the Head & Shoulders pattern

The head and shoulders pattern is another reversal pattern similar to the double top and bottom. It consists of a left shoulder, a head (the highest point), a right shoulder, and a neckline. A head and shoulders top is a bearish pattern, indicating a potential downward trend, while a head and shoulders bottom is a bullish pattern, indicating a potential upward trend. The neckline is a crucial level, and a breakout below the neckline for a head and shoulders top or above the neckline for a head and shoulders bottom confirms the pattern.

How has this setup performed historically?

Win rate = share of occurrences where the stock beat SPY over the window in the direction the signal predicted — for a bearish setup, a win means it underperformed. Measured since 2025-01-01 on our own detections, which puts the coin-flip line at 50%. Sample sizes are small; treat these as context, not as an edge.

Cross-indicator validation

Other patterns on ES

• Has ES formed a EMA Crossover?
• Has ES formed a Inverse Head & Shoulders?