S&P 500 Technical Analysis Ascending Triangle vs Rising Wedge

I've identified two potential patterns on the S&P 500 SPX chart:
Ascending Triangle (blue trendlines): Higher lows and flat highs, with breakout potential above the flat top or a breakdown below the higher lows. Indicated by blue arrows.
Rising Wedge Developing (red trend lines and arrows): Higher highs and higher lows, with a potential bearish breakout below the lower trend line or a less common bullish breakout above the upper trend line. Red arrows highlight the touch points on the rising wedge pattern.

Pattern Rules:
For a valid pattern, the following rules apply:
Ascending Triangle:

• At least two higher lows
  
• Flat highs
  
• Decreasing volume
  
• Breakout above the flat top or breakdown below the higher lows
  

Rising Wedge:

• At least three touch points on each trend line (I will use as few as 2)
• Higher highs and higher lows
  
• Decreasing volume
  
• Breakout below the lower trend line or above the upper trend line (less common)
  

Quick Review for Beginners:
New to chart patterns? Here's a quick rundown:

• Higher lows: A series of lows that are higher than the previous ones.
  
• Flat highs: A series of highs that are roughly the same level.
  
• Decreasing volume: The trading volume decreases as the pattern forms.
  
• Breakout: When the price moves above or below the pattern's boundary.
  
• Trend lines: Lines drawn to connect the highs or lows of a pattern.
  

Keep in mind that chart patterns are not a guarantee of future price movements, but rather a tool to help identify potential trends and trading opportunities.