Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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3bar

To: Underexposed who wrote (89921)	2/22/2017 10:53:13 AM
From: edward miller	1 Recommendation Read Replies (1) of 218625

IIRC the classic book on charting by Edwards and McGee says that if price continues to the apex the rising wedge implication (breakdown) is often negated. Without going back in time to confirm I believe that I have seen instances where this has occurred. Just saying it's not 100& guarantee to justify shorts here.

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