Dow is currently in wave 4 E-MINI DOW ($5) FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CBOT_MINI:YM1! William-trading Im still holding short bias on Dow as i believe that 127.2 and 161.8 extension level is the key reversal levels. Should Dow break 24000 for 2 consecutive period(Daily), then the rally might sustain to 26,750.