Will it rally through topside resistance or breakdown below lower wedge support?

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They obviously see an opportunity to not only drive a wedge in the support of some Democrats for the President, but also trying to rally their base.

WHITEHOUSE: Press Briefing

My precondition to the bearish case was a break below the support line of a wedge.

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Accordingly, if we see a dip to just below 1400 and then a rally higher to say 1435 -1450, we should get ready for a break below the support line of the wedge.

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Fourth, if Messrs Netanyahu and Barak reckon that they need America's military might to complete what they start, there may be no better combination to ensure that than a politically weak president whose Republican opponents have made unquestioning support for Israel a wedge issue a year before a presidential election.

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Mr. MATT DORF (Consultant, Democratic National Committee): During this last election cycle, there was an orchestrated Republican campaign to turn support for Israel into a wedge issue among Jewish voters.

NPR: Will Democrats Change U.S. Policy on Israel?

The bank led the market down as it broke its uptrend support, resolving the upper level wedge to the downside.

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