Just my interpretations:
Cup and handle a good indication of strength coming up the handle following a large upward move and subsequent consolidation. Yet reliability of c&h is increased when it occurs over a longer timespan involving accumulation at bottom of cup- so call this a mini version- any strength after a consolidation is good IMO
Those Bollies would need to narrow to be called a bullish set up, but given how wild the ride has been, it is at least nice to be inside them again and we are not over stretched. Happy for us to bounce along here for a bit in a narrow range- a nice platform for ODD ann
PAA Chart, page-248
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