Here is a five minute bar chart of the e-minis covering the past two day sessions. Today's range estimate appears as the blue rectangle. The lower edge is at 775 and I think the market will be a buy there for a rally to 805. I do NOT think the first 30 minutes of trading today is the start of a supply shock. Volume is visibly lower than on yesterday's potential supply shock which was negated when the overnight trading range extended above 792.
My best guess is that the market will experience a several days of basically sideways action before it moves up towards my840 target.