$spg cup and handle forming

٢٨ يونيو ٢٠١٧

-higher time frame shows price breaking through 50 day moving average meeting resistance at previous support at 163.5x area
-mid time frame is showing bullish price action breaking out of resistance area of 162.2x but right away meet resistance at 163.5x
-looking for price to consolidate and pullback in a tight range bound consolidation for a big breakout with momentum completing the cup and handle pattern on the higher time frame