
A shallow cup and handle formed on SPY (ES, e-mini).
In-between the pivot and the previous close, it plays a zigzag mode after it drops from the open.
From there, it stays idle in the form of rectangular S/R level.
At around 12:00 noon to 1:00 pm., it consolidates on small bars above the 20MA.
Confirming a buy trade!
That's showing the technical trading 102.