I am looking shorter term from the low on 6 May 2014 until now. The left head includes that little gap down on 7 may which was election day. yesterday the price nudged above the neckline,then hit the resistance line of the downtrend which started on 17 March 2014.You are right-there are one or two failed H and S earlier as you have pointed out.How about looking at the chart from 10 January 2014? we could be at the top of a right shoulder which is still forming (neckline about 2725).
I am not a fan of a H & S cause I don't see them easily and it's kinda a grey area to me, you can see a H & S if you really want to in allot of charts. But the the one starting in Jan, if it does pan out should give you a nice down trend and the entry time was perfect, at long term resistance from way back..