S&P 500 price levels to trade

[rimshot]

potential M-Top remains in play for all of July 2018 for
most indices:

M-Top setup criteria is met for the indices listed below as defined by the detailed Bollinger Bands use description
at stockcharts.com indicator school:

Summary: M-Top in play for all but the S&P 600 which negated the M-top setup by its July price high tagging the 21,2 upper BB …
and not for the $NYA which has no higher price high in July vs. June
so the M-Top is not yet applicable

comparing the June price high vs. the July price high, and the condition that the higher July price highs have
not touched or surpassed the daily 21,2 upper Bollinger Band

S&P 500
S&P 100
S&P 400
S&P 600 - no M-Top setup
Dow Jones Industrial
NYSE Composite - M-Top is not yet applicable in July
Nasdaq Composite
Nasdaq 100

"a strong uptrend produces numerous upper band tags"

this requirement for recognizing a strong uptrend is
instructive for both the price action charts as well
as the cumulative net Advance-Decline line breadth charts

the numerous upper band tags condition has been absent
since mid-June 2018