S&P 500 Analysis after closing bell

• 50 Day SMA is looking like a strong resistance level. Price reversed before approaching this moving average.
• Hour chart has closed above 50 Hour moving average. Chart looks overbought in hour time frame. if price slides below 50 hour moving average we may see a bigger fall.
• The way price violated and closed below 20 day moving average shows weakness at higher levels. Bullish strength will be visible only if price is able to close above 50 Day SMA.
• GOLD RESISTANCE LEVELS
  
• SILVER RESISTANCE LEVELS