{"id":4020,"date":"2026-03-31T09:23:15","date_gmt":"2026-03-31T07:23:15","guid":{"rendered":"https:\/\/lheurefinance.com\/sp-500-analysis-march-31-2026\/"},"modified":"2026-03-31T12:22:11","modified_gmt":"2026-03-31T10:22:11","slug":"sp-500-analysis-march-31-2026","status":"publish","type":"post","link":"https:\/\/lheurefinance.com\/en\/sp-500-analysis-march-31-2026\/","title":{"rendered":"S&amp;P 500 Analysis &#8211; March 31, 2026"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#000000&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h1 class=\"default-heading1\" style=\"text-align: center;\"><span>Lost before JOLTS<\/span><\/h1>\n<p>[\/et_pb_text][et_pb_video src=&#8221;https:\/\/www.youtube.com\/watch?v=MEzZKS_bXF4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; src_webm=&#8221;https:\/\/www.youtube.com\/watch?v=MEzZKS_bXF4&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_video][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<div id=\"isPasted\">\n<h2 class=\"default-heading2\"><span>Economic Announcements:<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li data-line=\"0\" dir=\"auto\"><strong>3:45 PM<\/strong>: Chicago PMI<\/li>\n<li data-line=\"1\" dir=\"auto\"><strong>4:00 PM<\/strong>: <a href=\"https:\/\/www.conference-board.org\/topics\/consumer-confidence\" target=\"_blank\" rel=\"noopener\">Consumer Confidence<\/a><\/li>\n<li data-line=\"2\" dir=\"auto\"><strong>4:00 PM<\/strong>: <a href=\"https:\/\/www.bls.gov\/jlt\/\" target=\"_blank\" rel=\"noopener\">JOLTS Report<\/a> new job openings<\/li>\n<\/ul>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>(<a href=\"https:\/\/fr.investing.com\/economic-calendar\" target=\"_blank\" rel=\"noopener\">Read more<\/a>)<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Corporate Earnings:<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li data-line=\"0\" dir=\"auto\">Nike (<a href=\"https:\/\/fr.finance.yahoo.com\/quote\/NKE\/\" target=\"_blank\" rel=\"noopener\">NKE<\/a>)<\/li>\n<li data-line=\"1\" dir=\"auto\">McCormick &amp; Company Incorporated (<a href=\"https:\/\/fr.finance.yahoo.com\/quote\/MKC\/\" target=\"_blank\" rel=\"noopener\">MKC<\/a>)<\/li>\n<li data-line=\"2\" dir=\"auto\">FactSet Research Systems Inc (<a href=\"https:\/\/fr.finance.yahoo.com\/quote\/FDS\/\" target=\"_blank\" rel=\"noopener\">FDS<\/a>)<\/li>\n<\/ul>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>(<a href=\"https:\/\/fr.investing.com\/earnings-calendar\" target=\"_blank\" rel=\"noopener\">Read more<\/a>)<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>S&amp;P 500 Analysis:<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span><strong>VPOC<\/strong>: 6430<br \/><strong>VVA<\/strong>: 6387.75 &#8211; 6459<br \/><strong>High-Low<\/strong>: 6359.50-6481.75<br \/><strong>PP<\/strong>: 6410<br \/><strong>Opening<\/strong>: 6385.25 (Zone 2)<br \/><strong>Vix<\/strong>: 27.92<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Yesterday, the S&amp;P 500 opened at 6380, just above the 6360-6370 support zone. After testing this support and forming a double bottom, buyers took control and held it until the US open, pushing the price above the 6440-6460 resistance zone. <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>At the US open, the situation reversed with very strong aggressive selling pressure that drove the price down towards the daily opening levels, despite buyers defending the previous day&#8217;s VVAL. Ultimately, the index closed flat, around 6380. <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>This morning, the S&amp;P 500 opened in Zone 2 at 6385, just below the previous day&#8217;s VVAL. After testing the 6360-6370 support zone, buyers took control to push the price up to the 6440-6460 resistance zone, below which it is currently trading, thereby re-entering the previous day&#8217;s value area. <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Volumes are once again above average, and the VIX index is still perched at almost 28. In terms of options, we can observe strong put interest at 6000, 6200, and 6500. For calls, the largest concentrations are at 6800 and 7000.  <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Today, we will have the Chicago PMI at 3:45 PM, consumer confidence at 4:00 PM, and the JOLTS report on new job openings at 4:00 PM.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Scenario 1 \ud83d\udfe2: Upon a break of the <strong>6440-6460<\/strong> resistance zone, the price could resume its upward trend and target yesterday&#8217;s high at <strong>6481<\/strong>, then the <strong>6500-6520<\/strong> resistance zone.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Scenario 2 \ud83d\udfe1: Upon rejection at the <strong>6440-6460<\/strong> resistance zone, the price could consolidate below this zone and the <strong>6360-6370<\/strong> support zone.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Scenario 3 \ud83d\udd34: Upon a break of the <strong>6360-6370<\/strong> support zone, the price could resume its downward trend and target the <strong>6240-6260<\/strong> support zone.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Key Levels:<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li data-line=\"0\" dir=\"auto\">6550-6560 (Resistance Zone)<\/li>\n<li data-line=\"1\" dir=\"auto\">6500-6520 (Resistance Zone)<\/li>\n<li data-line=\"2\" dir=\"auto\">6481 (Previous Day&#8217;s High)<\/li>\n<li data-line=\"3\" dir=\"auto\"><strong>6440-6460<\/strong><span> <\/span>(Resistance Zone +VVAH-1 6459)<\/li>\n<li data-line=\"4\" dir=\"auto\">6388 (VVAL-1)<\/li>\n<li data-line=\"5\" dir=\"auto\"><strong>6360-6370<\/strong><span> <\/span>(Support Zone + Previous Day&#8217;s Low 6359)<\/li>\n<li data-line=\"6\" dir=\"auto\">6240-6260 (Support Zone)<\/li>\n<\/ul>\n<\/div>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31-GRAPH-30MN.png&#8221; alt=&#8221;S&#038;P 500 Analysis March 31, 2026 Graph 30min&#8221; title_text=&#8221;2026-03-31 GRAPH 30MIN&#8221; url=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31-GRAPH-30MN.png&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_image src=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31MARKET-PROFILE.png&#8221; alt=&#8221;S&#038;P 500 Analysis March 31, 2026 Market Profile&#8221; title_text=&#8221;2026-03-31 MARKET PROFILE&#8221; url=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31MARKET-PROFILE.png&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_image src=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31-OPTIONS.png&#8221; alt=&#8221;S&#038;P 500 Analysis March 31, 2026 Options&#8221; title_text=&#8221;2026-03-31 OPTIONS&#8221; url=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/03\/2026-03-31-OPTIONS.png&#8221; url_new_window=&#8221;on&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_divider color=&#8221;#E6C068&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2 class=\"default-heading1\" style=\"text-align: center;\"><span>60-Second Clock<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/lheurefinance.com\/wp-content\/uploads\/2026\/01\/60secondeschrono-Petite.jpg&#8221; alt=&#8221;Finance Clock&#8221; title_text=&#8221;60secondclock&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<div id=\"isPasted\">\n<h2 class=\"default-heading2\"><span>Market performance<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>The S&amp;P 500 and Nasdaq closed lower, while oil prices rose. Optimism surrounding US-Iran talks was offset by warnings from President Trump to Tehran. The Dow Jones rose slightly by 0.11%.  <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Bond Yields<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Bond yields fell due to growing concerns about global growth, with investors focusing on the risk of a recession linked to the Middle East war.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>US Economy<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Important economic indicators are expected, including a decrease in job openings and a decline in the consumer confidence index. The Chicago PMI is also anticipated, with a projected lower reading. <\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Corporate News<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li data-line=\"0\" dir=\"auto\"><strong>Sysco<\/strong><span> <\/span>announced the acquisition of Jetro Restaurant Depot for $29 billion, aiming to expand its market reach.<\/li>\n<li data-line=\"1\" dir=\"auto\"><strong>Nvidia<\/strong><span> <\/span>sees its P\/E ratio reach a historically low level, due to concerns related to war and AI.<\/li>\n<li data-line=\"2\" dir=\"auto\"><strong>Alaska Air<\/strong><span> <\/span>forecasts an increased loss in the first quarter due to rising fuel costs.<\/li>\n<li data-line=\"3\" dir=\"auto\"><strong>Microsoft<\/strong><span> <\/span>unveiled updates for its AI assistant, Copilot.<\/li>\n<\/ul>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Market Trends<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Oil prices continue to rise, exacerbated by the conflict in the Middle East, which could have inflationary effects and slow economic growth.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Market Reactions<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<p class=\"default\"><span>Investors are expressing growing concerns about geopolitical uncertainty, which is affecting expectations for corporate growth and profitability.<\/span><\/p>\n<p class=\"default\"><span> <\/span><\/p>\n<\/div>\n<div>\n<h2 class=\"default-heading2\"><span>Inflation Outlook<\/span><\/h2>\n<p><span> <\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li data-line=\"0\" dir=\"auto\"><strong>Stagflation in sight:<\/strong><span> <\/span>Analysts fear a scenario of low growth and high inflation. <a href=\"https:\/\/www.bea.gov\/data\/personal-consumption-expenditures-price-index\" target=\"_blank\" rel=\"noopener\">PCE inflation<\/a> is now projected at an average of 3.1% for the year (up from 2.6% previously).<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li data-line=\"1\" dir=\"auto\"><strong>Household expectations:<\/strong><span> <\/span>One-year inflation expectations jumped to 3.8% in the US (up from 3.4% in February) and reached an all-time high in Australia.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li data-line=\"2\" dir=\"auto\"><strong>Fed&#8217;s stance:<\/strong><span> <\/span><a href=\"https:\/\/www.newyorkfed.org\/newsevents\/speeches\" target=\"_blank\" rel=\"noopener\">John Williams<\/a> (NY Fed) expects inflation to rise to 2.75% this year before receding, reinforcing the &#8220;higher for longer&#8221; message.<\/li>\n<\/ul>\n<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lost before JOLTS Economic Announcements: 3:45 PM: Chicago PMI 4:00 PM: Consumer Confidence 4:00 PM: JOLTS Report new job openings (Read more) Corporate Earnings: Nike (NKE) McCormick &amp; Company Incorporated (MKC) FactSet Research Systems Inc (FDS) (Read more) S&amp;P 500 Analysis: VPOC: 6430VVA: 6387.75 &#8211; 6459High-Low: 6359.50-6481.75PP: 6410Opening: 6385.25 (Zone 2)Vix: 27.92 Yesterday, the S&amp;P [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[52],"tags":[],"class_list":["post-4020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-points"],"_links":{"self":[{"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/posts\/4020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/comments?post=4020"}],"version-history":[{"count":4,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/posts\/4020\/revisions"}],"predecessor-version":[{"id":4027,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/posts\/4020\/revisions\/4027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/media\/4016"}],"wp:attachment":[{"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/media?parent=4020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/categories?post=4020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lheurefinance.com\/en\/wp-json\/wp\/v2\/tags?post=4020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}