Often indicators and patterns just don't matter when you have a large holder exiting.
Bit like defying gravity.
Cup and handle formation has sort of failed as the bottom of the handle went lower than
the half cup.
But what's good is a new cup is forming.
SP 3.6 is at an interesting/critical point, as it broke down here recently.
I'd like to see 3.9 soon momentum wise.
Personally I think the Volume is impressive for this time of year,
its already above the daily at V20ma of 12.699M
and we are only a couple hrs into trading today.
If the big seller is dry this could move quick, especially with a decent ann or 2