For Wednesday, the 4088.50 - 4094.50 area can absorb selling through April, above which 4263.50 - 4276.50 long-term resistance remains a 2 - 3 week objective.
Upside Wednesday, 4150.00 can contain intraday strength, beyond which 4178.50 is likely and able to contain session strength.
A settlement today above 4178.50 indicates the targeted 4263.50 - 4276.50 region within 3 - 5 days, where the broader market can top out through Q3.
Downside Wednesday, breaking/opening below 4088.50 signals 4078.75 intraday, able to contain weekly selling pressures and the area to settle below for pivoting the market south into later April, then expecting another test of 3855.00 - 3887.00 long-term support within 2 - 3 weeks.
Upside Wednesday, 4150.00 can contain intraday strength, beyond which 4178.50 is likely and able to contain session strength.
A settlement today above 4178.50 indicates the targeted 4263.50 - 4276.50 region within 3 - 5 days, where the broader market can top out through Q3.
Downside Wednesday, breaking/opening below 4088.50 signals 4078.75 intraday, able to contain weekly selling pressures and the area to settle below for pivoting the market south into later April, then expecting another test of 3855.00 - 3887.00 long-term support within 2 - 3 weeks.
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