Short-Term Bottom

The S&P 500 closed above a key price range today. I have not been able to accumulate a Long position yet, but I will consider buying dips in the short-term in anticipation of an upward move toward 2700 (/ES).

Price Levels to Watch: (/ES - E-mini S&P 500 Futures)
Resistance:  2650-2700
New Support: 2350-2400

Price Levels to Watch: (SPY - S&P 500 Spdr ETF)
Resistance:  264-269
New Support: 237-242

To confirm short-term bullish sentiment, we will need to see a close above 2400 (/ES) tomorrow, 3/25/20.

Short-Term market view: Bullish
Overall market view: Bearish