A few different charts and time frames, to take a look at the overall picture.
first 15m timeframe ascending triangle usually bullish next on an hourly is the cup and handle formation again another bullish sign and finally it's what appears to be a huge flag & pole if this plays out then hold onto your hats, flag patterns are probably one the most reliable bullish indicators imo.
There's some momentum picking up at the moment with news due anytime most analysis is pointing upwards but always be aware of the downside if news doesn't drop when the market expects it to.
My thoughts are fund managers are number crunching and have been working out timeframes of the potential news due if we haven't heard any material news within a couple of weeks then the SP may slide a little again, but all in all the trend still remains everyone's friend
MSB Trading - 2020, page-18861
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