S50 has refused to trigger the H&S pattern and [yesterday] broke out from a 65 min inside bar, with a retest gap, from which it went directly north from, until about 3 pm [where a new inside bar was created] and the retest started to finish the day with the buyers taking over as the leader.
As long as the H&S wont come real, I am back on the flag pattern, which now has turned into a [large] pennant flag, with the target of about 1200.
A breakout from the sideways movement will tell us, this is a breather in the 2nd phase or a 3 phase top and who will be smiling in the end, the sellers or buyers