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No update<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
S&P 500 Analysis:<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
VPOC<\/strong>: 6698
VVA<\/strong>: 6689.75-6723
High-Low<\/strong>: 6671.75-6760.75
PP<\/strong>: 6700
Open<\/strong>: 6691 (Zone 1)
VIX<\/strong>: 24.64<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
S&P 500 Trend<\/strong>: Overall Bearish Sentiment \ud83d\udd34<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Yesterday, the S&P 500 opened at the resistance zone of 6771-6777 and quickly declined, exiting the previous day’s value area to reach the support zone of 6715-6720. Buyers attempted to regain control and tested the VVAL-1 at 6754 but failed to re-enter yesterday’s value area. The price then returned to the support zone before the US open. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
At the US open, sellers took control and broke the support zone of 6715-6720, and the price consolidated around the support zone created between 6690-6695 and the resistance zone of 6715-6720 for much of the afternoon.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
In the evening, the price broke the support at 6690-6695 to seek the support zone of 6670-6676 before closing around 6680.<\/span><\/p>\n<\/div>\n\n
This morning, the US index opens in zone 1 at 6691, near the VVAL-1 that sellers broke to seek the support zone of 6670-6676 along with yesterday’s low at 6671. The price was sharply rejected by buyers who propelled it into yesterday’s value area up to 6711. Since then, the price has declined but remains within yesterday’s value area. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
The overall sentiment is bearish, and options levels show large Put zones at 6750, 6700, 6600, and 6500.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Today we will have considerable macroeconomic data including the PCE index, GDP, the JOLTS employment report, durable goods orders, and the Michigan index. The price could consolidate while awaiting this data. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Scenario 1 \ud83d\udfe1: On rejection at the support zone of 6671-6677<\/strong>, the price could consolidate between this zone and the resistance zone of 6715-6720<\/strong>, especially before 1:30 PM and the economic data.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Scenario 2 \ud83d\udd34: On break of the support zone of 6671-6677<\/strong> and yesterday’s low, the price could continue its decline and seek the support zone of 6625-6640<\/strong> then seek the Put zones at 6600<\/strong>.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Scenario 3 \ud83d\udfe2: On break of the resistance zone of 6715-6720<\/strong> and confirmation by exiting yesterday’s value area via the VAH-1 at 6723<\/strong>, the price could seek yesterday’s high at 6760<\/strong> then seek the resistance zone of 6771-6777<\/strong><\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Zones of Interest:<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
\n- 6771-6777<\/strong> <\/span>(Resistance zone)<\/li>\n
- 6723 (VVAH-1)<\/li>\n
- 6715-6720<\/strong> <\/span>(Resistance zone)<\/li>\n
- 6690 (VVAL-1 + Open)<\/li>\n
- 6671-6677 (Support zone + Yesterday’s low)<\/li>\n
- 6623-6640<\/strong> <\/span>(Support zone)<\/li>\n
- 6550-6560 (Support zone)<\/li>\n<\/ul>\n<\/div>\n
[\/et_pb_text][et_pb_image src=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13GRAPH30MN.png” alt=”S&P 500 Analysis 30mn Chart” title_text=”2026-03-13GRAPH30MN” url=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13GRAPH30MN.png” url_new_window=”on” align=”center” _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_image src=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13MARKETPROFILE.png” alt=”S&P 500 Market Profile Analysis” title_text=”2026-03-13MARKETPROFILE” url=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13MARKETPROFILE.png” url_new_window=”on” align=”center” _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_image src=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13OPTIONS.png” alt=”S&P 500 Options Analysis” title_text=”2026-03-13OPTIONS” url=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-13OPTIONS.png” url_new_window=”on” align=”center” _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_divider color=”#E6C068″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
60-second Chrono<\/span><\/h2>\n[\/et_pb_text][et_pb_image src=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/01\/60secondeschrono-Petite.jpg” alt=”Financial Chrono” title_text=”60secondeschrono” align=”center” _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
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Impact of Middle East Tensions<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
Stocks fell after Iranian strikes on two oil tankers, leading to an increase in oil prices and exacerbating inflation concerns. Major stock indices, including the S&P 500, recorded their largest three-day decline, with losses exceeding 1%. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Rising Bond Yields<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
Treasury yields increased, reflecting growing concerns about persistent inflation and the possibility that the Federal Reserve may not be able to cut interest rates this year.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Economic Forecasts<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
The Personal Consumption Expenditures (PCE) price index report is expected, with a slight increase anticipated. Personal consumption and income are also expected to show modest growth. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Energy Market<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
\n- Brent crude prices surged 10.33% to reach $101.48 per barrel, while US light crude also increased. This price rise is attributed to geopolitical tensions and Iran’s promise to keep the Strait of Hormuz closed. <\/li>\n
- Oil gains were contained by the US Treasury’s decision to grant, until April 11, a temporary license authorizing the sale of Russian oil already at sea to prevent any disruption to global deliveries.<\/li>\n<\/ul>\n
<\/span><\/p>\n<\/div>\n\n
Dollar’s Influence on Gold<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
The US dollar strengthened, which weighed on gold prices, which fell 1.68%.<\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Company-Specific Developments<\/span><\/h2>\n <\/p>\n<\/div>\n
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News about companies such as JPMorgan, which is reducing its lending to private credit firms, and concerns regarding Lilly’s compounded drugs, signal tensions across various sectors.<\/span><\/p>\n<\/div>\n[\/et_pb_text][et_pb_divider color=”#E6C068″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
Macro<\/span><\/h2>\n[\/et_pb_text][et_pb_image src=”https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/01\/Macro.jpg” alt=”Macroeconomic Illustration” title_text=”Macro” align=”center” _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
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Employment: Unwavering Resilience, the Market Remains Unfazed<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
Weekly Unemployment Claims:<\/strong><\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
\n- Actual:<\/strong> <\/span>213K<\/li>\n
- Forecast:<\/strong> <\/span>214K<\/li>\n
- Previous:<\/strong> <\/span>214K<\/li>\n
- \n<\/li>\n<\/ul>\n<\/div>\n
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Regular Unemployment Benefit Recipients:<\/strong><\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
\n- Actual:<\/strong> <\/span>1850K<\/li>\n
- Forecast:<\/strong> <\/span>1850K<\/li>\n
- Previous:<\/strong> <\/span>1871K<\/li>\n<\/ul>\n
<\/span><\/p>\n<\/div>\n\n
-> The US labor market refuses to buckle. Unemployment claims remain historically low and even slightly beat expectations. Meanwhile, continuing claims align perfectly with consensus and decline from the previous month. No sudden deterioration is in sight: the labor market is absorbing monetary policy without flinching. <\/span><\/p>\n <\/span><\/p>\n<\/div>\n\n
Foreign Trade: Surprise Deficit Reduction, America Exports<\/span><\/h2>\n <\/span><\/p>\n<\/div>\n\n
Trade Balance (Jan.):<\/strong><\/span><\/p>\n<\/div>\n\n
\n- Actual:<\/strong> <\/span>-$54.50B<\/li>\n
- Forecast:<\/strong> <\/span>-$66.60B<\/li>\n