S&P 500 Daily Chart Analysis For Week of March 20, 2026S&P 500SP:SPXTradeSelecterTechnical Analysis and Outlook: The S&P 500 Index encountered a significant decline in this March's significant options expiration week, dropping from the Mean Resistance level of 6,710, taking out the Mean Support level of 6,538, and completing Outer Index Dip 6,488. In the upcoming trading session, the S&P 500 Index is expected to rebound, aiming for a resistance level at 6,607. This upward movement may trigger a subsequent price decline, leading to a retest of the completed Outer Index Dip at 6,488. However, should this market scenario not unfold, the index may continue its descent toward the next Outer Index Dip at 6,289, where a substantial rebound is projected from this critical price level.