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S&P 15-Day Rising Wedge?

|Includes:SDS, SH, SPDR S&P 500 Trust ETF (SPY)

My portfolio has taken on a fairly bearish look over the last week, so I may suffering from confirmation bias here... but there is something closely resembling a rising (bearish) wedge over the last 15 (or so) trading days in the S&P futures (/ES):

(click to enlarge)Click to enlarge

Stocks: SPY, SDS, SH