Stocks: down but not out, yet.

Yesterday I posted 4hr charts of some of the major stock indices showing them trading within various technical patterns. Whilst stocks traded lower on Wednesday amid geo-political concern, for now, they remain within these consolidation patterns. The drill remains the same: watch for any momentum based trend line breakout.

S&P500 4hr:

DJIA 4hr:

NASDAQ-100 4hr:

FTSE-100 4hr:

DAX-30 4hr:

ASX-200 4hr: