S&P 500 Jan 19 to Jan 23 Outlook

Recap
ES dropped ti Y-0, found support, zoomed back up to test the pre-break down level and failed to clear Y+1. This gave us a go for Y-1. Got Y-1 quickly and trying to hold the zone since. Closed the week below Y-0 and midpoint.

Outlook
Strong resistance at Y-0 / B-0 zone. Failing to clear B-0 and sitting above it as support will lead to retest of B-1 and further pullback to B-2.