Expanding wedge

ZZZzzzzzzz · Oct 8, 2005

NAZ

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=862638>

ZZZzzzzzzz · Oct 8, 2005

Longer view

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=862640>

karol88 · Oct 8, 2005

yes, this is the third and the smallest Expanding wedge in the last 2 years...will history repeat itself?

Kicking · Oct 8, 2005

no to argue over words but I call those flags or trading channels
it also sounds more bullish than "expanding wedge" doesn't it ?

balda · Oct 9, 2005

I call it lower highs and lower lows.

MacroEvent · Oct 9, 2005

Quote from ZZZzzzzzzz:

NAZ

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=862638>

WOW --- a non anti-U.S. or anti-Bush post -- I am impressed!!!

toc · Oct 9, 2005

It is also a rising head and shoulder waiting for the correction. This H/S is by connecting the trendline from the middle of May.