Seeing that wedgie in a bunch of places currently.
QuantitativeExhaustion
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So the ascending wedge is common pattern in this market... probably see it in 10-12 of stock charts.
QuantitativeExhaustion
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10-12%*
andrewunknown
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anecdotal on my part, but I'd agree it's fairly prevalent; and in many cases pressing into significant resistance. Could pop higher, but I would be genuinely surprised. Would be looking for blowoff markers in a broad upside resolution.
andrewunknown
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yep - witness the latent power of synchronicity made manifest. Maybe.