NO breaks yet DOW - but close

Looking at the DOW;

2 hour chart

DOW 2 hours

1.  Still contained within falling wedge.  Low boundary 24k  Top boundary around 25k, then 25400 (key)
2.  watch for false breaks either way
3 as the wedge progresses trade will be more volatile - battle between sellers and buyers intensifies

Other markets are similar
DAX daily

1. Daily chart show large head and shoulders  (click link to read about this pattern)(bearish) pattern neckline around 11720, target 10200

2 The neckline was broken, and now it looks like a break above 10370 will be a rally to test that level 11721

3. A break of a head and shoulders neck line is usually retested

DAX 2 hours

1.  Looks like 10370 being tested ..next key level 10430

Markets can see a decent  rally and still not break the longer term bear trend..

warning signs that down trend has, breaking key levels on the upside  finished