ES Takes a Breather, But Dominant Trend Remains Intact

ES (Emini S&P 500) Bottom Line: As long as any bout of weakness is contained above 2357.50 to 2349.50, the dominant near-term trend-- off of the Jan 31 low at 2262.25-- will remain intact and viable, with higher, all-time-high targets of 24.23/27, and thereafter, possibly to 2475.00.