Rising wedge in SPX?

Discussion in 'Technical Analysis' started by DeepFried, Aug 28, 2006.

  2. segv


    More like a "wedgie".

  3. possibly even more painful. :D
  4. segv


    Seriously. Do not try to trade silly chart patterns, you would be better served by darts. Hell, maybe even lawn darts.

  5. That's a rather strange comment for the Technical Analysis section of the forum.
  6. Anybody else?
  7. Got a similar pattern in the t-notes (yield chart).

    Both have similar RSI.

  8. Ah, very interesting. Thanks, countryboy.
  9. ess1096


    Fried, How did you post the link to your chart pic?
    I tried to post a chart for the S&P today and the attachment didn't show up.

    As an amateur technician, I think I see a cup& handle and a double bottom (in the cup). And at todays close it looks like a breakout from a flag pattern.
  10. Fed meeting "notes" release tomorrow will get some conviction and volume back....I am sure. :)
    #10     Aug 28, 2006