ES Daily continuous, reflecting September contract price at present, broken into eighths (aqua colored lines) from Feb high to March low. The pattern since the March low has basically been 3/8 up, 1/8 down 3 different times to make the 7/8 move up. Moves down off a 7/8 line (87.5%) tend to be fastest. We are at an interesting point already this morning after the most recent 3/8 move up. Now what--bloodbath, or just another blip?