Inverted Ascending Scallop with target at around 214 [(B-A)*.61 + C] and stop at point C. Not sure about price buildup to the scallop, and yet to confirm pattern with a close above point B. The downtrend prior to scallop may be a little small compared to scallop itself. Pattern Info from (thepatternsite.com/aiscallop.html)
Comments
akap
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A view of the same formation, but different market index. This one has not confirmed pattern yet.
akap
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Also note the u shaped volume pattern corresponding to the scallop