The weekly price action of the S&P 500 is also showing a bullish butterfly pattern. however, for this price action to continue, the lower time frame also must establish the same pattern. In addition, naturally a rejection from B leg, forms a base, and potentially leading us into a high probably cup and handle breakout.
I like to trade the money flow, as it first gives me pattern recognition which I have to later confirm w/ price action ...
not trading or financial advice.
Disclosure im long spxl