S&P 500 Analysis after closing bell

• Weakness is yet to be seen in hour chart.
• Price is trading above 20 and 50 hour moving averages.
• Daily chart has given a spinning top candlestick. This shows indecision among buyers and sellers. According to the pattern if the candlestick's color is against the prevailing trend we may see a reversal. This candlestick needs price confirmation.
• SPY TRIANGLE PATTERN