S&P 500 Apr 13 to Apr 17 Outlook

Recap
Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above Y-0 since and eventually breakout above Y+1. Closed the week above Y+1 and near week high.

Outlook
All week stop hunting in the underlying stocks making this rally less robust. Y+1 retest is likely with Y+2 / B+1 zone strong resistance.