S&P 500 Mar 17 to Mar 21 Outlook

Recap
ES failed to clear Y+1, gave us a run for Y-0. Y-0 tagged and bounced. Failed to clear previous week close like Dow has opened the door to break week low for full gap fill below. ES eventually flushed down to Y-1. Closed the week near Y-1 and week low.

Outlook
Volatility attracts more volatility. Even consolidation around B-1 area would easily be 40 points range for the week.

Situation in Ukraine can induce more selling. B-2 down to 1800 is next bearish target.