techincal update, page-31

Martis, this is what I've got:

Failed pennant pattern via a small failed descending triangle.

You could also call it a falling wedge as you say but this has also failed as of today.

There appears to be too many upper wicks beginning with the first large candle (the pole). Since then, every rally has been sold into.

This drop below the bottom of the falling wedge could be a false breakout. It was not on high volume but this doesn't necessarily mean it won't continue to drift down on no news on low volume.

Just my opinion