2949.47 = $SPX 200-day EMA value as of the Wednesday April 29th close * bulls require a lasting hold above the $SPX 200-day EMA https://c.stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=10&dy=0&i=p97802610981&a=589417407&r=1579414387080 SPY has already printed a single day above its 200-day EMA - https://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=5&dy=0&i=p45269694420&a=625947950&r=1587683803234