DOW, SP500, FTSE, DAX and SWED are all in the same dangerous situation. The move will take them all in the same direction. No clear indication yet while it will be up or down.

DOW made a rally to 12.835.5 which I first saw as a gap covering rally from last hour Thursday at 12.823.7. However the 5 minute chart has created a strong bottom and the rally up to the gap has not come back to the sideways trend again so it now looks as if the DOW will start on upside. The five minute chart is up in all indexes.