Let me preface this post by saying that I'm very appreciative of...

Let me preface this post by saying that I'm very appreciative of the information posted by uers on HC AND that I'm in the early stages of learning about TA.

That said, Johno247 & I have been discussing the issue of a rising wedge pattern on the ASX-General forum. I am reading about this particular pattern as we speak and would like to point out the following which is taken from 'Technical Analysis Explained' by Martin J Pring;

'a rising wedge is a temporary interruption of a falling trend.'

Wouldn't this mean that for the rising wedge pattern we're discussing the rally we've been in the midst of since March would be a bear market rally? I am only learning but I wouldn't think this is a bear market rally at all?

Thoughts anyone?

nistrams