S&P 500 price levels to trade

[rimshot]

SPY bulls need the RSP daily and 60-min to hold
above the 104.25 June high price level, or price
damage becomes increasingly possible

likely not constructive for the near-term or intermediate-term bullish case is
that the RSP to SPY daily ratio is now at the lowest level seen since
mid-March 2018

the RSP to SPY daily ratio had a rising trend into the March and the
June RSP price highs, and has now been declining since mid-June