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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.97+0.1%Nov 7 4:00 PM EST
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To: GROUND ZERO™ who wrote (89919)2/22/2017 10:25:56 AM
From: Underexposed  Read Replies (2) of 218609
 
We shall see which way the SP500 will break in a month at best . Traditionally a rising wedge will have a bearish reversal... but it is not cast in concrete. Here is a web link that discusses the rising wedge

stockcharts.com

The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows.

Good luck
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