S&P 500 - showing an interesting megaphone like pattern

See the blue pattern that looks like a megaphone. Interesting that it is make higher highs but the pull backs are also getting bigger.

הערה:

Tuesday 11:47am

הערה:

+1.6% in less than 2 hours with a chance to close in the green today. This is a stupid crazy market and there is no way that was retail traders.