S&P500 daily- Rising Wedge with near certain breakout.

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60% of Rising Wedges end with a downward breakout. However, downward breakouts are some of the worst performing chart patterns, with an unacceptably high failure rate, small post breakout declines, and pullbacks occurring 72% of the times.

Thomas Bulkowski- Encyclopaedia of Chart patterns.

thepatternsite.com/risewedge.html...
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Chart PatternsIHVVIVVsp500usdSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) VOO

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