Bulls Test Falling Wedge Resistance. Is a Breakout Imminent?

The Dow Jones Industrial Average rose 0.77% this week, which put prices up against Falling Wedge resistance. If bulls can break resistance, it may trigger a breakout. If so, a rally to the 38.2% or 61.8% Fibonacci retracement levels could be on the cards. The MACD and RSI oscillators are showing positive movement toward their respective mid-points. A bearish bias will remain if prices stay in the wedge.