Dow jones (Short term)

Fell out of rising wedge today, fell below 50ma and bounced of Fib ext .786.
Most Rising wedges retrace , and that was what that suckers rally was at the close; Same thing happened with the Nasdaq April 29th (see links). I think we'll test 100ma this week. Draw a trendline on your RSI weekly starting from March 2020 lows, then October, then Feb all the way till now and you'll see it fell thru that support..