What higher lows with the same highs are supposed to mean?

[crgarcia]

As the S&P is now?
(The ESU8)

Higher lows:
1200, 1249, 1253

Yet same highs:
1291, 1290

 

[crgarcia]

Ascending triangle?

 

[ammo]

yep

 

[gkishot]

Next week will be interesting.