$GOOG has just held the 0.618 Fib at $133.50 for the week, there was very little movement in either direction and we are still waiting for the price action to break above the 50 Day MA at $135, once this level is flipped to support, I believe that $GOOG is into Subwave 3 of Wave 5 next.
I have been very impressed with how $GOOG and $MSFT have been moving and I believe they will continue to move as expect too.
Inverse Head and Shoulders pattern remains in place and is a bullish formation.