The fed actually net accumulated assets between Feb 2-5. They were not responsible for the sell-off. It wouldn't take a dramatic crash to take us to the feb lows. One solid day of selling off would get us there pretty quickly without attracting any undue attention.
Looking like another 15 Handle Gift Gap... Let`s see what Bullys can do with this one... 2700-2725 window?
Even an old geezer like you can learn new tricks: Look at the ES price at 4 pm previous day, that is your baseline. The current price before the open indicates compared to that base line if it is an upgap or downgap or flat opening. See? Was it hard?