NO!
Inverted Cup & Handle.
According to Mr B this is a pretty good pattern, he ranks it as no 1 in a bear market.
Bit of info here:
http://thepatternsite.com/icup.html
His book has a very detailed write up. Anyway, the pattern is quite clear ATM.
Okay, I'll post the chart.
Handle formed and possibly looking to break. This looks like a textbook example so far.