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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (87930)6/12/2009 9:40:24 PM
From: GROUND ZERO™  Read Replies (2) of 94695
 
We're looking at a rising wedge, this is also a complicated buy wiggle pattern, very bullish... the pattern itself shows tremendous indecision by investors, and this wiggle pattern could develop into a buy or sell pattern as it develops... but this particular pattern is becoming more and more bullish, especially over the past two days... some might argue that lower volume might imply that this wedge could break lower, but aside from the volume concern this pattern is definitely bullish...

charts3.barchart.com

GZ
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