S&P 500 price levels to trade

[rimshot]

/ES futures 2889.75 = this week's high so far,
achieved in late day Tuesday May 5, 2020

/ES late in the day and into settlement
violated its weekly Pivot
value by a decent distance amount
during portions of the price action

reference the $OEX 5-minute violating
its VWAP in late day

http://stockcharts.com/c-sc/sc?s=%24OEX&p=5&yr=0&mn=0&dy=12&i=p28805395160&a=714940902&r=1588728110493

VWAP = Volume Weighted Average Price

3-day zoom version of the $OEX 5-minute

http://stockcharts.com/c-sc/sc?s=%24OEX&p=5&yr=0&mn=0&dy=3&i=p27250192489&a=714940902&r=1588350298836

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2864.58 = /ES weekly Pivot value for week ending May 8

/ES futures 2788.xx = the bull/bear pivot value when
using a 30 trading days look back period for the Volume by Price
analysis conducted at the market close on Monday May 4

bulls need a lasting hold above the 2788.xx level

2757.42 = /ES monthly Pivot value for May 2020