DOW & E-mini DailyReversal down from Weekly highs this week and back into the 3-day lows....
What's the chances of a higher close on Friday and breaking the Weekly highs for the first time this year?????
E-mini intraday
Looking at the Price action it favours a move back towards the 5-day highs.
Everything so far has played out: from the Break of the Wednesday support and down into Thursday's support, and now Friday's Support is the trend guide Upwards...
DOW intra-day
DOW missed by 8 ticks, but the same patterns are playing out...
Note: It's obvious that if price is trading below support on Friday it's not going up, but rotating back down towards the 5-day lows (lower green channels)
And a rotation back down towards the Weekly 50% level on Monday, which begins to align with the April Balance points
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