DOW E-mini 28th March 2008 part 2


DOW and E-mini intra-day

US markets about to open for the Day session, and price is trading below support and pushing down....

Below support and expectation is that price is heading back towards the 5-day lows, as per previous report.

I can't see any major Up move on Friday at this stage, normally if that was going to happen Price would be trading above the Support on Open.

It's either going to head down into the 5-day lows, or trade in narrow and choppy range either side of support most of the trading day to close out the trading week around the middle of the 5-day range.