In-light of the previous post from Friday re: the possible Cup & Handle (or other potential Bullish Set-ups). If today's rebound from the early morning (Europe morning) sell-off is maintained, then this should strongly favour (favor if you're across the pond) the bullish scenario. It will be interesting to see how this unfolds, further erratic price action would not be surprising, but assuming the rebound mostly holds and the price can start to move above last week's highs, then the case for the bullish outlook will continue to grow in strength. - I have added a chart showing today's candle and how it kissed the top of the recently formed wedge.
Note; from my experience of 'Cup & Handle' patterns in the Fixed Income markets, the price action during the formation of the Handle can be notoriously erratic and fickle. The handle represents an area where a serious battle is being waged between bulls and bears, and stop-running/false breaks are not uncommon. It is worth noting, that incomplete/failed patterns can be useful indicators themselves, as they highlight where the directional power is.
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