Written Thursday, May 8th, 2008 TECHNICAL VIEW . Rising Wedges Run Out of Steam! We’ve formed Rising Wedge chart patterns in a number of key market averages, most easily seen in the Dow Industrials , the Nasdaq Composite and the S&P 400 Midcap...
Filed under: Principles of the Stock Market, Richard Schwartz, Trading, Technical View, Dowtrend Channels, Keys to the Market, Day to Day Action, Portfolio Strategy, Market Corrections, The Principle of Technical Analysis, Rising Wedge