Big bounce off the red channel line. That must mean it is important. After all, that is the trendline that has captured the entire rally since 2009.
The H&S pattern:
Best guess wave count is that we are somewhere in the lower end of [i] of 3 down.
GDOW has reached prices touched in late 2009 and early 2010. Note the pink support though.
INDU has broken beneath the channel in log scale.