Away From My Trading Desk

I'm finally getting on the internet, unfortunately from a laptop with a little screen, in any case, certainly a negative start to the day. Note: all levels I have been mentioning previously were for the March E-mini S&P Contract. Rollover happened last night, and the June (M) contract is trading 5 points lower than the March (H) contract. So far this morning a key support level has held. As I said before, If the lows from 2/24 are tested (1287.50 on the ESM11 June contract), they will most likely not hold. For now waiting to see if the current lows of the day break down, which should then bring us down to 1285-1286 (ES June). Once that breaks it should begin the move down to the low 1270s on the June Contract (1275-1277 on the March contract). As I have said previously, I expect this to happen, we just need to see some new lows come in here to know we are on the way...