As of 12/07/2023

Indus: 36,117 +62.95 +0.2%

Trans: 15,299 +69.26 +0.5%

Utils: 878 -1.01 -0.1%

Nasdaq: 14,340 +193.28 +1.4%

S&P 500: 4,586 +36.25 +0.8%

YTD

+9.0%

+14.2%

-9.2%

+37.0%

+19.4%

Targets Overview: 11/29/2023

34,500 or 36,400 by 12/15/2023

14,500 or 15,800 by 12/15/2023

900 or 825 by 12/15/2023

13,700 or 14,450 by 12/15/2023

4,450 or 4,650 by 12/15/2023

Chart Pattern Indicator:

on 12/5/23

As of 12/07/2023

Indus: 36,117 +62.95 +0.2%

Trans: 15,299 +69.26 +0.5%

Utils: 878 -1.01 -0.1%

Nasdaq: 14,340 +193.28 +1.4%

S&P 500: 4,586 +36.25 +0.8%

YTD

+9.0%

+14.2%

-9.2%

+37.0%

+19.4%

Targets Overview: 11/29/2023

34,500 or 36,400 by 12/15/2023

14,500 or 15,800 by 12/15/2023

900 or 825 by 12/15/2023

13,700 or 14,450 by 12/15/2023

4,450 or 4,650 by 12/15/2023

Chart Pattern Indicator:

on 12/5/23

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