S&P 500 Analysis after closing bell

• Upward momentum in hourly chart will be safe as long as price sustains above 50 Hour SMA and 1284 levels. If price falls below these levels then it will be a struggle for bulls.
• Weekly chart shows price struggling near previous weekly top level at 1292. Price should sustain above this level for making progress or to avoid a double top kind of correction.
• Daily chart shows an ascending triangle pattern that can take spx above 1350 levels provided it sustains above 1292 level. 
• Important support in daily chart is between 1266 - 1270 level.
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