From David Kennedy
SPX Chart
Notes: Cup w/handle triggered, capturing T1 & T2 for those scaling. It may have “bull trapped” all or nothing traders. Follow the cup handle a H&S (red) construct formed with a smaller H&S (purple) making up the right shoulder of the larger. Purple H&S ran to full measured move very quickly, now retesting that BO. The MM target of the larger red H&S is illustrated which I feel has a decently low risk/reward. See chart for detailed notes.
