As of 06/06/2023

Indus: 33,573 +10.42 +0.0%

Trans: 14,061 +71.28 +0.5%

Utils: 902 -1.73 -0.2%

Nasdaq: 13,276 +46.99 +0.4%

S&P 500: 4,284 +10.06 +0.2%

YTD

+1.3%

+5.0%

-6.7%

+26.8%

+11.6%

Targets Overview: 05/30/2023

33,950 or 32,000 by 06/15/2023

14,600 or 13,350 by 06/15/2023

935 or 880 by 06/15/2023

13,600 or 12,200 by 06/15/2023

4,350 or 4,000 by 06/15/2023

Chart Pattern Indicator:

on 6/1/23

As of 06/06/2023

Indus: 33,573 +10.42 +0.0%

Trans: 14,061 +71.28 +0.5%

Utils: 902 -1.73 -0.2%

Nasdaq: 13,276 +46.99 +0.4%

S&P 500: 4,284 +10.06 +0.2%

YTD

+1.3%

+5.0%

-6.7%

+26.8%

+11.6%

Targets Overview: 05/30/2023

33,950 or 32,000 by 06/15/2023

14,600 or 13,350 by 06/15/2023

935 or 880 by 06/15/2023

13,600 or 12,200 by 06/15/2023

4,350 or 4,000 by 06/15/2023

Chart Pattern Indicator:

on 6/1/23

Bulkowski's Rising Wedge Quiz 2

Released 10/25/2019.

Rising Wedge 2: Quiz

Below is a slider quiz to test your ability to identify rising wedges and trade them. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.

1 / 7

I show a rising wedge at A (or is it?). The chart pattern sees price bounce from side to side of the pattern, filling the space between the two converging and rising trendlines. In this example, price breaks out upward. That's unusual because the breakout is downward 60% of the time (which is close to random, really). As to the inset, if I draw the lines differently, the rising wedge becomes a symmetrical triangle. Either interpretation is correct. Both breakout upward, so both are bullish. I actually prefer interpretation B, not A.

2 / 7