March vs February
The accomplishment of the ES this week has been to have the month of March erase the losses from the month of February. The February open, 4085.75, has been exceeded by the March high, currently 4094.25.
In the ES, challenging the open of the month or the open of the Quarter, or even the open of the week, seems to be a long shot, or if you prefer a short shot. This would need to be a near catastrophic day for any of those events to happen. However, bringing the February open 4085.75 back into play, may just provide us a line in the sand, we can use to evaluate today's market.
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