DOW E-mini Trading 4th January part 2

US markets heading down towards the January lows.

Expectation this week of a lower Weekly close and a continuation down on Friday....

Both markets trading below their Yearly Balance points...

The highest probability pattern for this to happen was a re-test of the 5-day 50% level before heading down.

I actually though (repeating patterns) this was going to occur because it happens so often, and this week price hasn't tested the 5-day 50% level all week....same price action what occured in Forex on Friday (GBP/USD).....read below

(Full Weekly report later)