Dow Jones Futures' is rallying up with the beginning of today's trading surpassing critical resistance levels starting with 12125, which represents neckline for a double bottom pattern appears on the one-hour chart, this pattern pushed the index to breach above the retest level of 12150
In the minor image, we can find that the bullish pattern was completed and I expect more upside actions on the intraday and short term basis, and this will signal a stop of the current bearish correction.
Stochastic supports the positive overview, while we need to take into consideration that breaking below 12125 will bring back the index to the bearish bias and more downside correction will be in favor.