DAX - Possible topping action

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It's very possible that the German DAX index has topped with the 5,885.66 high set on October 16.

The 5,885.66 high was just above the percent from the 50% retracement at 5,870.23 of the fall from 8,151.57 to 3,588.89 and it was less of half a percent below the 5,914.47 where wave C would equal wave A.

On the hourly chart we can see a small Shoulder-Head-Shoulder pattern, which was activated with the break below 5,761. A break below the left shoulder bottom at 5,695.83 would call for drop to at least 5,595.82.

The current action is very fitting to my view of a possibly top set in the DJI on Monday.