I'm still sitting on the sidelines with a small position in Natural Gas ETF UNG at the moment, but going through my index funds I began noticing a lot of small declining wedges that have been created over the last five to seven trading sessions. It has shown up best in Financials ETF XLF but has also appeared in the Brazil ETF EWZ, Emerging Markets ETF EEM, Europe ETF VGK, High Yield ETF HYG, Malaysia ETF EWM, Metals and Mining ETF XME, Oil Services ETF OIH, Real Estate ETF IYR, Small Cap ETF IWM, and Technology ETF XTN. I'm not married to all them but some of them do look like great bullish declining wedges.
Metals and Mining: XME
Oil Services: OIH