Russell 2000 Cup and Handle
- Thread starter DeepFried
- Start date
Looks like a pan to me....LOL 
No I think the cup and handle happened already although the handle was kind of small.
No I think the cup and handle happened already although the handle was kind of small.
I don't think the handle is suppose to be above the cup.
http://www.investopedia.com/terms/c/cupandhandle.asp
http://www.investopedia.com/terms/c/cupandhandle.asp
Edit: It could definitely be a cup and handle, but the pattern has to complete until it actually is one.
Not a cup and handle.
At best, right now, it's an ill-formed bull flag. Or just a horizontal flag, with no clear direction (yet).
In any case, in my view, it's currently sitting on or just below the uptrend from mid-July. Old support becomes resistance, so best to use a different time frame or just wait for something to be confirmed. jmho.
At best, right now, it's an ill-formed bull flag. Or just a horizontal flag, with no clear direction (yet).
In any case, in my view, it's currently sitting on or just below the uptrend from mid-July. Old support becomes resistance, so best to use a different time frame or just wait for something to be confirmed. jmho.