Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.

TARK is an actively managed 2X leveraged ETF aiming to return 200% of the daily performance of ARKK. The ETF is trading in a strong uptrend and may have formed a bull flag pattern on the daily chart.

SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.