30 Mar 2026
๐ค S&P 500 (E-MINI) โ WEEKLY STRUCTURE
๐ Price rejected 6568 and broke below 6545/6525
โ Downside targets 6420/6400 hit cleanly
Friday close at weekly lows = bearish tone into this week
๐ฏ Key Levels to Watch
๐ผ 6520 โ Break = bullish recovery
โ Targets 6560/6570
๐ฝ 6400โ Breakdown = sell trigger
โ Targets 6370 โ 6330
โ ๏ธ Below that:
โ Risk of acceleration toward 6250/6200
๐ Support Zones
โข 6425 โ 6400 โ Major demand
โ Possible bounce zone
Butโฆ
A clean break = continuation lower
โก๏ธ Trading Scenarios
๐ข Bullish Case:
Hold 6400 โ bounce toward 6455 โ 6500
๐ด Bearish Case (Favored):
Break 6400 โ extend selloff
๐ Macro Driver
The Iran war remains key
โ Any positive news = relief rally
โ No progress = downside pressure
๐ฅ Bottom Line
Trend is weakening.
6400 is the battlefield
hold it โ bounce
lose it โ acceleration lower
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