I actually ended up going long at 409. looks pretty bullish still. I shouldn't have posted this bearish analysis, it was way too premature but I wanted to see if I could call the bubble pop.
gooney0
⋅
I would say you were right, then wrong. It broke down, then retested the lower trendline on 9/3/21 but went higher.
In hindsight, there is no increased volume on the breakdown. That might suggest a fakeout. If you took the trade, you wouldn't see that volume until the end of the day.
I would've seen this as an ascending triangle rather than a rising wedge. The top is imperfect but more flat than upwards.