Guess everyone is tired of discusing Head and Shoulder's pattern.
A Head and Shoulder's pattern normally signifies a major turning point in the market.
The problem is most people see a Head and Shoulders (or Inverse) everytime they look at a chart and when it doesn't work out, they can't admit they made a mistake and simply say the pattern is unreliable.
There's been much discussion recently about and Inverse Head and Shoulders pattern on the Dow and  the S&P 500. The problem with it right now is the lack of volume on the right shoulder. 
If it turns out to be a bona fide patern, the measurement is from a parallel line across the neckline, approx 9,000 on the Dow. Subtract the absolute low of  approx 6,470 from 9,000 = 2,530. The 2,530 is added back to the neckline for a first objective of 11,530.
I reiterate the problem now is the volume pattern on the righr shoulder along with an extended rally.
Head and Shoulders patterns can absolutely be applied to individual chatrs as well.