Fourth Time at 1250

Yesterday the e-minis dropped to 1250 or a little below on three separate occasions. Each of these times the market rallied at least 10 points from its low in 30 minutes and was trading well above the low at the 30 minute mark.  Today we made a low at 1245.50 which was a little below yesterday's three lows.  This time, 30 minutes later the market had in the interim rallied only 9 point and was again trading below 1250 at the 30 minute mark.

I see this as a sign of weakness and think it means that today's low will be below the 1240 level.