ES Completes a Round-Trip to the FOMC-AAPL Upgrade Lows

Mike Paulenoff By

ES approaching Noon ET, has violated its nearest term up trendline from the March 8th low (2726.50), which cuts across the price axis this morning at 2825.00. Inability of ES to claw its way back above 2825 will be a cause for concern technically, and will point ES towards a probe of more important near term support at 2802-2813, which must contain the selling pressure to avert locking-in all of the action from March 13th as a near term top-- that will project to 2760/70... Last is 2819.50/75
3 22 ES 1145 GIF
3 22 ES 1145 GIF

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