SP500 Wedge and Channel

FX:SPX500   S&P 500 Index
77 0 0
The large channel is obvious and the smaller wedge within it seems reasonable. So far the last two months have seen the market rise but it has been such a painful trip. It's been exasperating for the bears as well. Each time the market drops buyers show up withing two days. Declines don't gather any momentum. But this may change if the wedge breaks. 2040 could happen quickly and after some hesitation there maybe more downside. Maybe. But I'm not interested playing the bull side now.
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