S&P 500 price levels to trade

[rimshot]

SPY daily closes chart with
internals for four indices -

https://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=1&mn=11&dy=0&i=p71340923460&a=742071378&r=1587592635148

SPY 279.46 = 50-day EMA value at Wednesday April 22 close,
and the bullish case depends on a lasting advance
above the 50-day EMA

/ES futures 2798 = approx. 50-day EMA
vs.
2808.00 April 22nd high achieved only minutes before
the cash market close
vs.
/ES 2819.50 = Monday April 13th session high achieved near the Sunday Globex open

* bears want to see a lasting decline below
the SPY 600-day SMA

* bulls need the internals shown for the four indices
to surpass the current April high, and move toward
the plus 10% level ... or the SPY price action attempts
to move upward are likely to eventually fail & reverse
to the downside

Bulls need
the internals to hold near or above
the +10% level for consecutive weeks to
minimize the potential for near-term price damage

Bears' optimal chart location for these
internals is holding below their zero line
for consecutive weeks