I only see this as a sort term quick drop ABC style into April 19. I'm only expecting about 4-5%, just a nice quick down, up, down trade nonetheless.
The irregular topping action from Friday begs for a new high above 4200 by late April.
There is good support and a two gap cover around SPX 3972/73 by Monday.
For those who wish to see my analysis and chart, please go to my free blog in my signature below.
blu