DJIA tests trendline support of rising wedge patternWall Street CFDFOREXCOM:US30FOREXcomThe Dow Jones continues to trade within a rising wedge bearish reversal pattern. The index rebounded from rising trendline resistance near 50,200 before easing back to test trendline support around 49,650. A break below this level could open the door towards the 20 SMA at 49,450, confirming the reversal pattern. Below there, attention turns to 48,950, the May low, ahead of 48,500, the April 30 swing low. Should support hold, buyers would need to break above 50,250 and rising trendline resistance to invalidate the bearish wedge pattern and bring the record high around 50,500 back into focus. FC