S&P 500 price levels to trade

[rimshot]

/ES futures 2775.00 level =
the current bull/bear divider based
on Volume Profile analysis
using 30 trading days as the
look back period

updated April 23, 2020

============

/ES 2750.00 was Tuesday's April 7th high print,
seen in the day session hours, which bulls must now
defend during the current decline

/ES futures 2635.75, which is the high on
March 31, 2020, is the level which bulls must
defend in order to maintain lasting control

* bears must permanently violate /ES 2635.75
to gain traction for a lasting price decline
with Staying Power

===============

earlier $SPX chart comments many days ago, now have
potential relevance if the current decline
sees Staying Power

$SPX - bears must defend $SPX 2691.00 level
for future daily closes in order to maintain lasting
control,
or
the bullish case for a lasting price advance
has a high probability once $SPX consecutive daily closes
above the 2691.00 level occur

$SPX daily closes chart with selected price horizontals -

* the price horizontals are selected from a 4-year price history

https://c.stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=10&dy=0&i=p97802610981&a=589417407&r=1579414387080

===============

/ES -- my earlier personal notes which may have future
relevance if the current decline has Staying Power -

/ES June contract - Monday March 16, 2020 range was:

2350.00 - low today vs. 2380.00 -- low on Friday

2650.00 high in Globex immediately at the Sunday evening open vs. 2697.25 -- high on Friday, immediately after the cash market closed

* a 5% halt in Globex stalled price at 2555.50

* a 7% halt immediately after the cash market opened, and then
in a single 1-minute price bar after the halt was released
/ES 2350.00 was printed vs. the $SPX 2351 daily close decline low from December 2018

* OPEX is next Friday