S&P 500 Analysis after closing bell

DAILY CHART

WEEKLY CHART

• The daily chart is showing the possibility of death cross of 50 DMA below the 200 DMA.
• The weekly chart showing price trading at 1030 after breaking important support level in the weekly chart.
• If on friday closes near 1030 or below that it will be very negative for the bulls. 
• Already it is trading below the 50 WEEK moving average.

US MARKET UPDATES S&P 500 Trading range breaks on the down side Effect of bearish engulfing in apple inc Positive Divergence Dow Jones weekly rising wedge Ford motors co Triangle breaks down Ford Motor Co Triangle breaks down