/ES S&P 500 futures must achieve a lasting hold above 2470 for improved probability of a price advance with staying power ... with 2488 level next potential inflection marker for further lasting upside
( March 2019 /ES contract pricing )
SPY weekly -
* the $OEX to $SPX ratio has improved by a large amount off this week's ratio lows, meaning the 100 largest capitalization size stocks that comprise the $OEX are no longer extremely under performing the 500 stocks included in the $SPX index ... it is prudent to monitor this ratio vs. its location within or outside the ratio's Bollinger Band because of the heavy percentage weighting the $OEX symbol set has upon the price value of the $SPX index
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