For Friday, 4036.00 can contain session weakness, above which 4112.50 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 Friday, breaking/opening below 4036.00 signals 4009.25, while closing below 4036.00 indicates 3948.75 within several days, able to contain session weakness when tested, and the point to settle below for indicating a retest by the end of next week of 3844.50 - 3862.00, longer-term support ... where the market can bottom out through April and above which 4112.50 remains a 2 - 3 week objective.
Downside Friday, breaking/opening below 4036.00 signals 4009.25, while closing below 4036.00 indicates 3948.75 within several days, able to contain session weakness when tested, and the point to settle below for indicating a retest by the end of next week of 3844.50 - 3862.00, longer-term support ... where the market can bottom out through April and above which 4112.50 remains a 2 - 3 week objective.
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