Comments on: Bearish Wedge Pattern on S&P 500? http://www.trivisonno.com/bearish-wedge-pattern-on-sp-500 The S&P 500 Will Take Out the March Low Soon Fri, 04 Jul 2008 18:14:50 +0000 http://wordpress.org/?v=2.5.1 By: Matt Trivisonno’s Blog » Blog Archive » Barron’s Picks-Up On My “Rising Wedge” http://www.trivisonno.com/bearish-wedge-pattern-on-sp-500#comment-771 Matt Trivisonno’s Blog » Blog Archive » Barron’s Picks-Up On My “Rising Wedge” Sun, 01 Jun 2008 20:34:19 +0000 http://www.trivisonno.com/?p=77#comment-771 [...] wedge” pattern on the S&P 500 chart made it into Barron’s today. But you saw it here first almost a month ago! Bookmark It Hide [...] [...] wedge” pattern on the S&P 500 chart made it into Barron’s today. But you saw it here first almost a month ago! Bookmark It Hide [...]

]]> By: admin http://www.trivisonno.com/bearish-wedge-pattern-on-sp-500#comment-312 admin Wed, 07 May 2008 20:33:22 +0000 http://www.trivisonno.com/?p=77#comment-312 Well, it looks like I was wrong to doubt my rising-wedge now that the S&P fell 1.8% today. I was looking for some kind of double-peak to form. Maybe the market can rally back to make that second peak, but it might be time to stick the fork in. Well, it looks like I was wrong to doubt my rising-wedge now that the S&P fell 1.8% today. I was looking for some kind of double-peak to form. Maybe the market can rally back to make that second peak, but it might be time to stick the fork in.

]]> By: admin http://www.trivisonno.com/bearish-wedge-pattern-on-sp-500#comment-297 admin Wed, 07 May 2008 12:37:06 +0000 http://www.trivisonno.com/?p=77#comment-297 Josef, Thanks for the link. Stock Charts has an excellent treatment. Yes, I agree. The price action on the S&P 500 is strong right now and I wouldn't short it here. I am watching for the wedge to develop further. Friday's opening gap pushed the top line of the wedge higher, so the pattern has weakened. Matt Josef,

Thanks for the link. Stock Charts has an excellent treatment.

Yes, I agree. The price action on the S&P 500 is strong right now and I wouldn’t short it here. I am watching for the wedge to develop further. Friday’s opening gap pushed the top line of the wedge higher, so the pattern has weakened.

Matt

]]> By: Josef Baumann http://www.trivisonno.com/bearish-wedge-pattern-on-sp-500#comment-295 Josef Baumann Wed, 07 May 2008 11:50:09 +0000 http://www.trivisonno.com/?p=77#comment-295 Hi Matt, Thanks for your great blog! I am also a novice to technical analysis. I find that StockCharts offers excellent explanantions. For rising wedge look at: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge_reversa It appears to me that divergence in PPO is needed for a rising wedge. That is not the case in the current market situation. Best regards, Josef Hi Matt,

Thanks for your great blog!

I am also a novice to technical analysis.

I find that StockCharts offers excellent explanantions. For rising wedge look at:

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge_reversa

It appears to me that divergence in PPO is needed for a rising wedge. That is not the case in the current market situation.

Best regards,

Josef

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