ES Expecting Tankage Early and Rally Late

ES hit an overnight low of 1193 (support) and then bounced hard and is currently set to gap down and open at 1205. If ES stays below trendline A then ES has a shot at hitting 1197 and possibly 1193 today. If ES breaks and stays above trendline A then any drop to 1197 will come next week. The previous two days we have seen ES open low and recover. Will we get this same pattern three days in a row? I'm doubtful. I'm expecting ES to tank early and rally late, keep in mind today is a POMO day, (the Fed is buying treasuries, sellers of treasuries will buy stock) so we could see a forceful rally.

So if we tank early, take profits!