Charting: A "Bearish Wedge" Pattern

CNBC:  "...Henrich also believes that the S&P 500 has continued to trade in a "bearish wedge pattern" that began just after the end of the last recession. The wedge pattern Henrich speaks of consists of two trend lines: One that runs along the S&P's highs and a second that runs along its lows, that look to meet sometime in 2017. It is at that point that Henrich believes the rally will have run its course, and a downside will soon follow."

http://www.cnbc.com/2017/01/06/northman-trader-the-bull-market-is-in-its...