Z150 2100 2050 2000 1950 1900 1850 1800 1750 1700 1650 1600

The cup with handle formation is created by a dip in prices followed by a congestion that towards its end begins to have rising lows.

When trading the cup with handle in the stock market the anticipation is for the market to go up. When trading futures, the anticipation is for a breakout in either direction. That is a significant difference.

Notice carefully that whenever there is a tight congestion with rising lows, it will usually break and will have a strong move to the upside.

The reverse is also true. A tight congestion with falling tops will usually go down sharply, very soon.

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