Here is an hourly chart of day session e-mini trading. As you can see a supply shock this morning (red arrows and dash oval) created a high volume breakout from the trading range of the past week (highest blue rectangle). This trading range defined a box about 18 points high. The market has since dropped to the bottom of the next box and a modest rally of 6-10 points, to the midpoint of the box, would be normal now. I think this entire correction will carry the ES to the bottom of the third box down which is roughly the 1090 level.
I expect this corrective phase to be complete by the end of next week. The subsequent rally should carry the ES to 1200.