The rising wedge is a chart pattern used to identify possible reversals. The pattern appears as an upward-sloping price channel featuring two converging trend lines. It's usually accompanied by ...

The SPY Chart: The SPY has been trading in a steep ... which could eventually negate the downtrend. A rising channel is considered to be bullish until a stock or index breaks down from the lower ...

Gold fell back below a lower rising channel line on Monday and ... A declining parallel trend channel is shown on the chart by taking the top trendline and making a parallel level to touch the ...