* Not Likely * : According to Mike. I still hold hope the market will do better.Monday March 25th, 2019 by Mike Paulenoff ES-- Heading into the afternoon session (and the AAPL Event), the distance between the demarcation lines of near term support and resistance in ES have narrowed from 2790 to 2825 to 2790 and 2819 (see attached chart). Whichever boundary is taken out and sustained will trigger directional potential of 20 points, initially. My bias is to the downside largely because 2819 to 2825 represents a two week resistance zone that stretches back to 3/13, and as such, is the "Neckline" plateau of a near term topping formation that projects into the 2760/70 target zone. Only a sustained climb above 2819-2825 will neutralize my near term negative scenario... Last is 2800.25 $SPY $DIA $QQQ $AAPL Mike Paulenoff is author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial! * I really like Mike's charts and analysis. This is shared with my readers here via MPtrader.com *Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. Follow us and check back occasionally for additional articles or comments.