As of 02/03/2023

Indus: 33,926 -127.93 -0.4%

Trans: 15,518 -122.49 -0.8%

Utils: 954 -22.84 -2.3%

Nasdaq: 12,007 -193.87 -1.6%

S&P 500: 4,136 -43.28 -1.0%

YTD

+2.3%

+15.9%

-1.4%

+14.7%

+7.7%

Targets Overview: 02/01/2023

35,100 or 33,150 by 02/15/2023

16,000 or 14,350 by 02/15/2023

1,040 or 950 by 02/15/2023

12,400 or 11,000 by 02/15/2023

4,250 or 3,900 by 02/15/2023

Chart Pattern Indicator:

on 1/19/23

As of 02/03/2023

Indus: 33,926 -127.93 -0.4%

Trans: 15,518 -122.49 -0.8%

Utils: 954 -22.84 -2.3%

Nasdaq: 12,007 -193.87 -1.6%

S&P 500: 4,136 -43.28 -1.0%

YTD

+2.3%

+15.9%

-1.4%

+14.7%

+7.7%

Targets Overview: 02/01/2023

35,100 or 33,150 by 02/15/2023

16,000 or 14,350 by 02/15/2023

1,040 or 950 by 02/15/2023

12,400 or 11,000 by 02/15/2023

4,250 or 3,900 by 02/15/2023

Chart Pattern Indicator:

on 1/19/23

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