It drops from the high open after an hour or so and just recover late in the close.
It formed the classic cup with a handle pattern.
Trading today's market was a little bit tricky if you are not particular with the pattern formation that are developing.
From the first hour, it formed a head and shoulder pattern, a sign that a bearish signal is on the way - and it did.
And from between 11:00 am. to 12:00 noon ET., the cup with handle formation is developing - and it did.
Those are the two setups that should have taken into account in trading today.
