There is still some bullishness in some US indices and Nikkei. This positive posture could last another 2 weeks with 0.5% potential on sp500 and 2% potential on the Nikkei.
With EURUSD moving back up and the previous excess on DAX, new tops is unlikely locally.
Alltogether when the DAX reaches below 11,800 on close it will be trading below cliff and shall be in corrective mode to 11,300 i reckon.. A level that shall be reached in the next 4 weeks (faster if there is no further upside in the US).