As of 10/15/2020   Indus: 28,494 -19.80 -0.1%     Trans: 11,989 +101.34 +0.9%     Utils: 875 +0.03 +0.0%     Nasdaq: 11,714 -54.86 -0.5%     S&P 500: 3,483 -5.33 -0.2% YTD -0.2%    +10.0%   -0.4%    +30.6%    +7.8% Overview: 09/29/2020     29,300 or 27,400 by 11/01/2020   12,000 or 11,000 by 11/01/2020   915 or 840 by 11/01/2020   12,800 or 11,300 by 11/01/2020   3,700 or 3,400 by 11/01/2020 CPI (updated daily): on 9/25/20
 As of 10/15/2020   Indus: 28,494 -19.80 -0.1%     Trans: 11,989 +101.34 +0.9%     Utils: 875 +0.03 +0.0%     Nasdaq: 11,714 -54.86 -0.5%     S&P 500: 3,483 -5.33 -0.2% YTD -0.2%    +10.0%   -0.4%    +30.6%    +7.8% Overview: 09/29/2020     29,300 or 27,400 by 11/01/2020   12,000 or 11,000 by 11/01/2020   915 or 840 by 11/01/2020   12,800 or 11,300 by 11/01/2020   3,700 or 3,400 by 11/01/2020 CPI (updated daily): on 9/25/20

# Bulkowski's Rising Wedge Quiz 2

Released 10/25/2019.

## Rising Wedge 2: Quiz

Below is a slider quiz to test your ability to identify rising wedges and trade them. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.

1 / 7
I show a rising wedge at A (or is it?). The chart pattern sees price bounce from side to side of the pattern, filling the space between the two converging and rising trendlines. In this example, price breaks out upward. That's unusual because the breakout is downward 60% of the time (which is close to random, really). As to the inset, if I draw the lines differently, the rising wedge becomes a symmetrical triangle. Either interpretation is correct. Both breakout upward, so both are bullish. I actually prefer interpretation B, not A.
2 / 7
Find as many rising wedges as you can. For help, click here.
3 / 7
Heeere's the rising wedge. Let's try again. (Next slide, please)...
4 / 7
This is from Abbott labs. I glued parts of the chart together. Find as many rising wedges as you can.
5 / 7
I show two rising wedges. Let's trade one.
6 / 7
This rising wedge has a downward breakout. How far will price drop before it turns? Select one of the green lines A, B, C, or D.
7 / 7
Line A is the correct choice

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