I was looking at the Dow, but you are right, the Nasdaq does qualify. The head is suppose to break the current trend, which doesn't occur on the Dow. Volume is suppose to be the largest in the head section as well, which doesn't really qualify on the compq. I wouldn't worry about that though. I always worry that head and shoulders are fakes, because they are THE formation that almost everyone knows about.
To know the truth, one must get rid of knowledge, as nothing is more powerful and creative than emptiness.