Here is a 30 minute bar chart showing day session e-mini trading. The break I saw coming in my last post turned out to be bigger than I expected. I now think the market will drop to 1155-57 (red oval) before another rally can start. That target zone is the confluence of midpoint support (purple dotted line), the lower boundary of a rising trend channel, and also the level at which the current reaction would match the size of the last drop (purple boxes).
Once this break is complete I expect the market to take its next step up into the 1185-90 zone.