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could be an ascending triangle in the making, so bias is a little up as long as bulls can touch the upper line again.
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testing ascending triangle resistance again, breakout shall be very likely and for real.
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Over the past 12 trading days, the S&P 500, on average, traded lower in the first hour, while it traded higher in the last hour of the day, according to Bespoke Investment Group.
This is a change from what happened in December and a sign that the so-called smart money could be backing this market comeback. https://www.cnbc.com/2019/01/14/the-sma ... shows.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.