The falling wedge is continuating to form on the 1 hour chart. A close above 30,600 would confirm an upside break-out. A close below 30,000 would be bearish. My target on the bigger reverse head and shoulders is still 35,000 but would be in danger below 30,000.
your chart clearly shows lower lows and lower highs. this is a classical falling wedge pattern with a break-out point about 30,600. the longer the pattern takes to form the more aggressive and profitable the break out would be. ps: the bears were cornered during the after-market. haba-haba baby!!!
you've also mentioned a couple of times that there's a reverse head and shoulders which is how you get to your 35000 target.
i've taken the liberty and have added a possible reverse h&s on the eod chart as i'm too lazy to go look for the basis of your rev h&s and you -never- post any charts to make it easier to follow your views