The cull and handle pattern occurred in may different time frame, however I believe this one in the 4hours chart can confirm a strong up move. There is some resistance at 1960, but chances to the market break this level today and climb more.
Time will tell
The week was configuring a small downtrend that was interrupted in the last 50min of Friday, when market was pushed higher, "analysts attributed increased buying in the afternoon to the end-of-quarter rebalancing of
portfolios by institutional investors." ...
Today SP500 fought to break the 1942 resistance level, it broke but pulled back, however it did not broke the 1950, which could be the 1st sign of down direction.
I drew what I m seeing. Clear, I m looking for a short entry but if it fails might also give me good clue of long entry.
Some indicators help confirm ...