I'm expecting a breakout at some point in the next couple weeks. Would be nice to see a nice long bear squeeze before the summer crash next month. Not getting on board until I see the buyers starting to flood in. Odds are it won't be until next week because were a bit overbought at the moment.
Here is the mid 2007 inverse H&S before the last push into the highs... Exact same setup. Same price relation to key moving averages, same momentum waveform... Perfectly exact...