SPEAKING OF BEARISH WEDGES....
US Bonds.
Which matches potential rising wedges in US equities at either Minor 2 or Primary [2] degree:
If not a Minor 2 wedge, then primary [2] wedge:
And if a price collapse occurs in both bonds and equities? King dollar will be the likely winner.
The dollar chart is "setup" for a potential explosive middle of a third wave up of primary or even cycle degree.