Here is a five minute bar chart of today's e-mini day session. I am revising my range estimate to 885-907 (blue rectangle) from this morning's 892-907. My best guess is that the market will drop to the low of the estimate near 885 and then stage a 8-10 point rally. Such a rally would be as big as the last rally seen Friday afternoon (purple rectangle) and would carry the market up to the midpoint of today's day session (if we get as low as 885 first) (dashed red line).I still think the market is headed for 870 before a big leg up starts.
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