This looks similar

Got this out before the close today but wanted to add to it. 
 So if you look at the hourly chart, you can notice the similar pattern.  Market makes new high's then slowly drifts lower, goes below the 20EMA, then last 30 minutes of Wed breaks small downtrend line.  Stoch was close to oversold
Then WHAMMY, Thursday the 30th good economic numbers and the market explodes up. 

Look at the Navy blue box now, looks very similar.  Market drifted lower for the last two days.  The Stoch is now oversold, broke the downtrend right before the close.  Guess what tommorrw.  Tommorrw is Jobs numbers and everyone is waiting for them. Oh uh.

If that wasn't the mirror image, take a look at the breadth of the market.  NYDVN at the same levels, Advancers are the same level and decliners is hitting resistance at the same level.

There are two differences though, TICK was a little stronger to the downside this time around and SPX closed below its 20EMA but just barely.