S&P 500 DAILY Analysis 3/27/23

For Tuesday, 3918.25 can contain selling into later week, above which 4121.50 longer-term resistance remains a 3 - 5 day target.

Upside today, 4051.50 can contain session strength, while closing above 4051.50 signals 4121.50 within 1 - 2 days, able to contain buying into later April and a meaningful upside continuation point over the same time horizon.

Downside Tuesday, closing below 3918.25 indicates 3841.25 - 3849.75 within 3 - 5 days, able to contain selling through April activity, and above which 4121.50 remains a 2 - 3 week objective.