- Charts - 2011 - DJIA Rising Wedge Pattern     
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Kirk Windsurfing at Palo Alto in SF Bay in May 2009
DJIA Rising Wedge Pattern Charts
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This rising wedge "reversal" pattern is a chart to keep an eye on. 

According to Stockcharts.com1" The rising wedge can be one of the most difficult chart patterns to accurately recognize and trade. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish. The final break of support indicates that the forces of supply have finally won out and lower prices are likely. There are no measuring techniques to estimate the decline – other aspects of technical analysis should be employed to forecast price targets."

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