The ES is one timeframing lower now for three consecutive days. If the market tries to rebound on Tuesday and trades above Monday’s high at 2149.50 the daily one timeframing lower will stop. Acceptance above the high could target Friday’s gap fill at 2156.00, near the 2158.00 September 9th prior trading range high.

Monday’s developing point of control quietly crept lower during the 13 point gap open lower chop session. Opening within range, or looking above Monday’s high and reentering the range, could see price gravitate back to the POC and test the close at 2140.00 and possibly Monday’s low. If price can gain acceptance below Monday’s low at 2136.75, the closely grouped lows from September 19/21st and potential “firecracker effect” could come into focus.