The DAX, no surprises here, a big flag off the March lows. A couple of differences between this and S&P 500 and Dow: because its "flag" has parallel lines, and is not more like the "pennant" found on the S&P 500, the last week's price action has not caused it to "break" from this structure yet. That said, the recent price action looks similar to the price action from the middle of May, with two clues that it break the flag this time. First it is closer to the bottom channel than it was in May, and it also now has a trend line of resistance (orange) above that it has been rejected from twice already.
Locally, we may have a rising wedge (below), though I don't rely too terribly much on those without proper RSI divergence. But it's hard to see this not breaking down when the other markets do, and most of the other markets look very much like they will.
Longer-term looks a lot like the Dow, frankly. A broadening formation, the bottom channel of which we may revisit, bounce on, then fall through.
Locally, we may have a rising wedge (below), though I don't rely too terribly much on those without proper RSI divergence. But it's hard to see this not breaking down when the other markets do, and most of the other markets look very much like they will.
Longer-term looks a lot like the Dow, frankly. A broadening formation, the bottom channel of which we may revisit, bounce on, then fall through.