tuesday, page-39

There's obvious expectation that the bearish rising wedges will follow the usual pattern and break down instead of up.

Here's the US Russell 2000 small caps index, which has broken up from its wedge. There should be another 25 points in this one.

(Also, slight pullbacks mean re-drawing the lower trendline so the wedge becomes wider and allows more time for completition of the pointy end)