S&P 500 Aug 18 to Aug 22 Outlook

Recap
ES found support at previous week close and zoomed to Y+2 right above 3 pushes down target. Strong reaction to Y+2 sent ES back down to Y+1. Closed the week above Y+1 and midpoint.

Outlook
Classic 3 pushes down target tagged, no more fuel to go higher from here. ES needs to find support at Y-0 / B-1 zone or B-2 / Y-1 will be tagged quickly this week.