S&P 500 price levels to trade

[rimshot]

SPY and $OEX 60-minute
with
50,2 Bollinger Band vigilance

Tuesday April 28th chart condition at the close -

* SPY and four other indices displayed on this chart
reversed direction and declined today after briefly
residing above the 60-minute 50,2 upper Bollinger Band

https://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=0&mn=0&dy=22&i=p70751402501&a=626690906&r=1587573162921

* bulls need price to surpass and hold
above the 50-period SMA and above the 21-period SMA

** bulls eventually need price to hug a rising 50,2 upper Bollinger Band,
or the near-term attempts to move upward
are likely to fail and reverse to the downside

* bears need price to hold below the 89-period EMA
and to hug a declining lower Bollinger Band