March 25, 2017

S&P 500 Weekend update

  • ES Month chart continues to look good for Bears. If closes like this or lower could lead to a Pause or correction in the following months.
  • Daily chart is testing 50 Day SMA. Closing below this line can lead to further weakness.
  • Immediate resistance zone is shown in 4 hour chart. Bulls need to close above this zone for further up moves to follow.