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- Inside the Recent Bearish Rising Wedge
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Technicians should not be surprised with the recent downward price ejection out of the August consolidation pattern, known as a ‘rising wedge.’ Not only did the pattern follow classic definitions and expectations, we were treated with a prior example of the pattern just a few short months ago. Let’s look at the Dow Jones index and step inside this pattern for a better educational foundation.
Dow Jones Daily Chart:…
Original Source: blog.afraidtotrade.com
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5 Septiembre, 2008| Technical Analisis |
@ 8:39