Here's why i personally don't think that the H&S pattern above will come to fruition. 1390 is solid support based on the buying volume picked up over the previous two sessions. When would 1390 break? The price would have to approach 1390 with either zero or very little buying interest. It could trade under 1390 for a short time, one session maybe, but it would only pick up more buyers. That's my outlook based on the volume levels in the chart below.
