Potential short term pattern developing

As the stock market rallied higher last week and retreated this week, traders are looking for a possible retest or probe lower of the 'crash' lows of May 6th. Another price pattern that could be developing is a 'symmetric triangle pattern.'

Link below for illustration...
http://en.wikipedia.org/wiki/Triangle_(technical_analysis)

What this means is that the stock market (Nasdaq and SP500) could trade around in a coil pattern for another week or so and then make a final 'fake' breakdown below the crash lows before reaching a medium term bottom.