Running wedges are very bullish patterns. Due to my very tight stop placements, I usually get whipped out of diagonal breakouts. As of now, I have buy limits on the SP500 down at 4000.
Going into holiday weekends, the markets have a tendency to melt higher. I am hoping for the market to chop down next week and pick up my buy limits. My stops are placed at the 3927 level with a target of 4400.