Here is today's wave chart for the e-minis. The latest rally lasted longer than I expected it to, but did not carry the market above resistance illustrated by the dotted purple line and the two purple rectangles. The up wave lasted longer and carried further than the preceding up wave. This means that the bulls are getting interested in the market once more.
I think the current down wave will carry the market down to the range estimate low at 775 (blue rectangle). I think tomorrow will be a bullish day and will probably carry the market to or above the 800 level.