This is NOT a Cup and Handle Pattern - SPX, ES1! E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! ValkyrieBlue On first sight, this appears to be a textbook cup and handle . However, volume continued to decline during the uptrend and there is a divergence on RSI . These indicators show that the underlying price is weak and will not rally further. THIS IS NOT FINANCIAL ADVICE. THIS IS MY OPINION. TRADING INVOLVES RISK.