The E-mini did what it was supposed to do today. It closed the opening gap in accordance with classic technical analysis theory. There is still downside pressure being applied to the daily chart. If you look at the chart you will find lines in 3 different colors. They define price action on three different price cycles. The red lines show a long cycle that is still in a down move with one price objective acting as resistance. The black line is an intermediate cycle showing that there are still upside targets for the retracement up without voiding the long term down move. The blue lines are the short cycle that shows my price objective 2 along with the target for the move down, your D. The price levels are noted on the chart. After this rally that closed the opening gap, price would have to go through 884 in order to restart the move down. Your P level would be 873. 896 is the second price objective for this move up and it should act as temporary resistance for a move higher. The target, D, for this move up is currently 901. (Ira Tunik)