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S&P 15-Day Rising Wedge?

Dec. 03, 2012 2:59 PM ETSPY, SDS, SH
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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):

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