Weekly Trading Recap: March 23-27, 2026
Another volatile week in the S&P 500 futures, and this one was all about the sellers taking control. The market opened Monday at 6641.88 and closed Friday at 6398.12 — a 243.8 point drop that left us down 3.7% for the week. That's the kind of move that reminds you why risk management matters.
Market Overview
Monday started the week with some back-and-fill action, opening at 6663 and pushing to a weekly high of 6705 before sellers stepped in. We closed down 22 points, which felt like distribution more than anything decisive. The real story started Tuesday with a gap down open at 6587.25 — a clear sign that overnight sentiment had shifted. We managed a small bounce back to 6646, closing up 15.5 points, but that recovery felt weak.
Wednesday looked like it might reverse the damage, opening back at 6663 and testing 6684.75, but the buying dried up quickly. Another 23-point decline told me the bulls weren't committed. Thursday is when things got ugly — we opened at 6590.5 and just kept falling, hitting 6521 before closing at 6524.75. That 65.8-point drop broke through several support levels and set up Friday's capitulation.
Friday was brutal. Opening at 6494, we barely managed to tick higher before the selling accelerated. The low of 6398.25 marked our weekly floor and represented a 306.75-point range from Monday's high. When you see that kind of range expansion, you know institutional money is moving.
The weekly close at 6413.75 puts us firmly in the lower third of the range, which is bearish positioning heading into next week. Support around 6400 held for now, but it's been tested and weakened.
DT Algorithm Performance
Despite the market's broader weakness, our DT algorithm had a solid week, finishing 5W/1L for +35.4 points (+$177). More importantly, this brings our lifetime record to 27W/2L with a 93% win rate.
Monday's first trade caught the early morning strength perfectly — our long entry at 6689.75 captured the push toward the weekly high, exiting at 6696.5 for +6.8 points. The algorithm read the momentum correctly and took profits at T1. The second Monday trade wasn't as fortunate. Our long entry at 6669.75 got stopped out at 6658.5 for -11.2 points as the afternoon selling picked up. That's the only loss we took all week, and it came right as the market was showing its hand about the week's direction.
Tuesday's trading was where DT really shined. The first long at 6639.4 captured the morning bounce, hitting T1 at 6645 for +5.6 points. But the second trade was the standout — our entry at 6628 rode the continuation move all the way to T2 at 6641.25 for +20 points. That's the kind of trade that makes the week, especially when the overall market is struggling.
Wednesday delivered two clean T1 exits. The long at 6676.5 caught the early push and exited at 6678.5 for +7.5 points, while the second entry at 6661.5 rode the follow-through to 6668.25 for another +6.8 points. Both trades worked with the market's intraday rhythm rather than fighting the broader downtrend.
What I like about this week's performance is how DT adapted to the changing conditions. We took profits quickly when the setups were there and only had one stop-out when the market shifted against us. The algorithm isn't trying to catch falling knives or fight major trends — it's finding the tradeable moves within the broader structure.
TF Algorithm
No TF trades this week. The trending moves we saw, particularly Thursday and Friday's sustained selling, didn't align with TF's setup criteria. When you're seeing the kind of directional pressure we had late in the week, sometimes the best trade is no trade. TF is built for different market conditions, and I'd rather wait for proper setups than force trades in the wrong environment.
Next Week Outlook
We're heading into the final week of March with the S&P closing at 6413.75, well below the week's midpoint and sitting just 15 points above our weekly low of 6398.25. That's not a comfortable position for the bulls.
The 6400 level is now critical support. It's been tested and held, but barely. Any break below that opens up more downside, potentially back toward 6350 or lower. On the upside, we need to see a reclaim of 6500 to suggest this selling is done, and 6550 would be more convincing for any meaningful bounce.
With quarter-end flows coming up, we could see some institutional rebalancing that adds to volatility. The market's been in a corrective mode, and until we see some real buying conviction, I'm treating any bounces as potential selling opportunities rather than the start of new uptrends.
For both algorithms, this environment actually sets up well. DT thrives on intraday volatility, and we're certainly getting that. TF will be patient and wait for its setups — when trending moves develop with proper momentum, it'll be ready.
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