I see this combination of descending wedge on the daily and the long term ascending channel monthly cross in a lot of stocks I follow. Market trend? Big moment coming very soon here, which takes hold? Following you, I know you stay pretty much stock to stock chart dedicated, but for an overall trend, do you see what i see and put any "stock" in it? Sorry for the pun. Your thoughts.
I have been seeing a good deal of descending wedges, yes. But not sure I've a lot of channels. Also, consider what sector and index the stocks you're looking at are in. They sometimes can have a similar look.