Short Term Continuation in SP500

Updated
Very short term trade here... SP500 has showed continuous strength even in the midst of a manufacturing contraction, barring some unexpected event I can see SPX at least getting back to previous highs... Possible cup and handle pattern forming, my stop is at the previous low and once the previous high is met I will place a trailing stop loss...

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Note
Will likely close trade manually end of day
Trade closed: target reached
Beyond Technical AnalysisChart PatternsLONGS&P 500 (SPX500)Trend Analysis

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