JTH, yes all the funds are forming a wedge, however, the C fund is showing a upward trend to the bottom of its wedge. They seem to be reacting from a confluence of many strong influences acting upon them. All the stock equities sit at the bottom (as we all know) of some recent significant losses, including dollar devaluation. However, judging from the most recent corrections in oil, credit (real estate) and its damage done, we may now be witnessing the fizzing sound of oil and commodities' money moving out of those investments (save for Iran BS). The only game in town, commodites, is waining. And lastly, with at least some understanding of the real estate recent and impending losses not a mystery, tomorrow, perhaps the next game is stock equities.
Note, the above is impression, speculation and gut feelings and things still are day by day.