ajtj99's Market Pulse

[skono4]

Are you drawing it the same as AJ, with the upward slant from the lows at 1245 and 1259? And if so, where do you have the left shoulder?
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If you draw it that way the neckline was violated the last three sticks but the volume is unconvincing. I was seeing ~1250 as a horizontal neckline and a bounce today near that could be just beginning a right shoulder. It doesn't look like anyone is getting overly excited either way which you really need to generate the kind of move we want from this pattern.