Morning Charts 03/16/2015 SPX / es

First things first - I expect all of you to fill out a bracket and get in on the fun - 

ESPN Tournament Challenge Group: Shanky's Group 

Now on to less important stuff - 

Draghi speaks this afternoon and FOMC is Wednesday, so really commenting on anything else is kind of worthless. This means that today and tomorrow would be great times for you to work on your STB NCAA brackets (limit of 5!).

Empire State misses this morning continuing the multi-month slide in everything related to what's left of the economy - so get out there and support it by filling out your brackets here. 

On to the lie - 

SPX 60m - Potentially in a RS here of a HnS formation. If they can't bust thru 2064, problems may persist. So, we're set up in a place where if Draghi does not move the market and the FOMC disappoints serious downside potential exists. Possible small rising triangle exists here that developed off the last low. 

Freedom watch - 

Popo tracking your phones with secret technology they are not sure is legal or not? 

More to come below

Have a good week.

GL and GB!