March opex is probably a high (1550) or a low (1425 gap fill). We should know tomorrow which we will get. Don't forget Services ISM 30 minutes into RTH; if the overnight /ES remains stagnant, this release tomorrow could decide where we go next.
If we rally above 1530, it could work as a "throwover" of the Big Bearish Wedge up until SPX 1551. Beyond that point, the 3rd wave of the wedge, from 1266 to 1474, becomes the shortest leg, and that's a problem. Daneric is labelling this scenario a "triple zig-zag", which may be true, but it lacks the useful downside target that the wedge provides: going back to the start at 1158.