beautiful chart starting to form, page-6

I am sure Simon is referring to the Pennant Pattern. (I would post a Chart but can't do it from here ATM, but it is pretty obvious)

Using the Incredible Charts Definition:
"Flags and pennants are short-term congestion patterns (one to five weeks) that form in trends. They represent pauses while a trend consolidates and are reliable continuation signals in a strong trend.

Pennants are really short-term triangles. They form with lower highs and higher lows, over one to five weeks. The line through the peaks and the line through the troughs converge and the pattern is completed by a break outside the converging lines.

Volume normally expands at the start of the flag or pennant, contracts as the pattern develops and then expands on the breakout."

See http://www.incrediblecharts.com/technical/flags_and_pennants.php