S&P 500 price levels to trade

[rimshot]

SPY 281.69 = the daily 21,2 upper Bollinger Band value at this moment on Tuesday July 17th

$SPX 2823.23 = the daily 21,2 upper Bollinger Band value at this moment

SPY 282.48 = the weekly 15,2 upper Bollinger Band value at this moment

https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p83550702120&a=401632921


I believe I understand the secondary point you are making RCKS about $SPX 2805 possibly acting as support during future pullbacks could be a "tell"

fyi - the /ES futures 2788 to 2778 zone is the only support zone which is my current and future tell, with 2760's below that … one test from above took place during the Tuesday overnight session … will see if more to come in following days/weeks

you can scroll to prior Posts to see my previously stated upper level price "tells" for the /ES, not yet seen in July 2018 … until those higher levels actually become lasting support for future pullbacks, I am sticking with believing and trading the minimum downside risk measure at all times is the /ES 2788 to 2778 zone

* if I can share anything of greatest importance from my technical learning over the decades, I must follow the instruction manual for interpreting a specific price-related indicator and not inject my own ideas into the chart evaluation if I want to maximize my profits

following the instruction manual provided by the creator of the indicator is of utmost importance, which requires removing and ignoring temptation from prior mental habits