S&P 500 price levels to trade

[rimshot]

ES and NQ lows June 27 Wednesday
including the overnight price action

ES 2701.00 in late day
NQ 6988.00 in late day
===========

** the ES holding below 2778, and
below 2788
is required to keep a possibility
for a lasting ES price decline alive **

2767 needs to
be violated on a lasting basis during future
declines ... which likely requires more
prolonged weakness in S&P 500 index heavy weights:

XLK and XLY

( more price weakness is needed in XLK and XLY than seen
as of June 22, 2018 to support the higher probability
for lasting price damage in SPY and RSP and the ES futures )

XLK daily

http://stockcharts.com/h-sc/ui?s=XLK&p=D&yr=0&mn=6&dy=0&id=p24298260745&a=581747422

XLY daily

http://stockcharts.com/h-sc/ui?s=XLY&p=D&yr=0&mn=6&dy=0&id=p46775323254&a=581747425