Replies to post #222 on S&P 500 price levels to trade

[rimshot]

SPY daily closes chart with S&P 500 internals -

* recent daily close highs and lows vigilance
* 20-day EMA vigilance - now at 259.92
* April 7th bounce highs vigilance for S&P 500 internals

275.03 = April 7th intraday high is marked with a brown horizontal

https://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=8&dy=0&i=p48032502715&a=663798088&r=1586349862082

$OEX daily -

Tuesday April 7th saw a failure to hold above
the 15,2 upper Bollinger Band

the future bullish case depends on $OEX price
holding above 1276.77 & 1262.81

* 50-day EMA & 20-day EMA vigilance
* 15,2 Bollinger Band vigilance
* 15,2 BB vigilance for SPY, XLF & XLK

https://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=0&mn=6&dy=0&i=p03742952184&a=734984447&r=1586350781549

$OEX daily with three $OEX internals -

* the internals are greatly improving only in the most
recent days, and the bullish case needs this to continue

https://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=1&mn=5&dy=0&i=p55670041540&a=340963852&r=1583205795342

[rimshot]

$OEX 1246.31 horizontal from the April 7th intraday action
needs to hold for the bullish case today,
or
the high of day is in for both $OEX and SPY
( see the $OEX 60-minute chart )

other April 7th bounce highs include -

1261.01, 1263.15, 1267.07 at the open on April 7th

1247.85 = April 8th high so far today
271.72 = April 8th high so far

$OEX daily -

https://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=1&mn=5&dy=0&i=p55670041540&a=340963852&r=1583205795342

[rimshot]

revised SPY 60-minute using 50,2 BB and showing five other indices -

http://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=0&mn=0&dy=22&i=t8925081901c&a=626690906&r=1596294496207

* the SPY lower BB was not violated during any day in July 2020