For Thursday, 4041.25 can contain session weakness, above which 4114.75 longer-term resistance is likely again over the next several days, able to contain buying through April, and the point to settle above for then indicating 4291.00 long-term resistance within several more weeks.
Downside Thursday, breaking/opening below 4041.25 allows 4005.00, possibly 3971.50 intraday, able to contain session weakness.
A settlement today below 3971.50 indicates a retest by the end of next week of 3843.75 - 3859.00, able to contain selling through April activity and above which 4114.75 remains a 2 - 3 week objective.
Downside Thursday, breaking/opening below 4041.25 allows 4005.00, possibly 3971.50 intraday, able to contain session weakness.
A settlement today below 3971.50 indicates a retest by the end of next week of 3843.75 - 3859.00, able to contain selling through April activity and above which 4114.75 remains a 2 - 3 week objective.
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