ES has had a tuff time overcoming 1568 and it's now trying to work itself out of a bearish fractal. I had a small time window at 04/02/13 and not give it enough value but so far 04/02/13 was the 1568 high.
This morning ES hit my trailing stp at B.E. - Right now ES is trading at 1552.25 and targeting 1530. If ES hits 1530, a bounce will take place but I think that much lower objectives are coming into play this time.
Will see. Currently flat and waiting to see what the market has for us in the near future.
g