This morning we had the usually rare appearance of funnel or symmetrical wedge. I couldn't even find what it represent (continuation, etc.) except that the price eventually will leave the inside of the wedge with a vengeance. Because of the gap up, I was guessing down, and it did. But generally this is one of the hardest patterns to play, because the price range keeps widening (while forming a wedge) but still returning to the mid value. eventually of course it leaves but when that point is, it is anyone's guess. Anyhow, if someone knows how to read the direction after exiting the funnel, I am all ears... Also it looks like that the wegde's sides the former support became resistance. The chart below has an anomaly at 9:30, I think that was just the open's volatility when price exited early and should be disregarded.