S&P 500 Jun 16 to Jun 20 Outlook

Recap
Blow-off action on Monday led to the expected pullback of 30 points. Closed the week below Y-0 and midpoint.

Outlook
Potential blow-off top on weekly. Y-0 / B-0 strong resistance. A test of Y-1 and below likely as long as the resistance zone can cap the bounce from B-1.