DOW and E-miniToday's view was leaning towards a 2nd day stall-reversal pattern, it was something I was looking for to happen earlier this week, and in both markets it was a case of moving into support levels and then trading below them.
With two hours to go in both markets and trading above the 5-day 50% levels, there will probably be some short-covering coming into the market pushing the markets higher off their current lows
When looking a Friday's ranges, I would like to both markets to come down and test the support levels, which match the 3-day lows for a better 'long' set-up.
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