Looming Threat of a Rising Wedge
3 min readMar 6, 2024
Watch the video extracted from the WLGC session before the market open on 5 Mar 2024 below to find out the following:
- What does a rising wedge mean (in price action)?
- The ultimate defense for the S&P 500 to watch out for when there is a breakdown from the rising wedge pattern
- The sudden market reversal scenario traders to pay attention to in these overbought conditions.
- The trading strategies to adopt should traders want to get exposure.
- and a lot more…