S&P 500 Weekly chart with support levels

• I have shown S&P 500 weekly chart with 50 week moving average.
• The price is trending down below the 50 week moving average.
• Index broke key supports on its way to 1020.
• The last one being 1025.
• Most important thing is that the index should come back above 1025 or 1036 before friday's close. If it does not happen that shows the strength of the bears. And the next target they have in mind will be 947.

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 Motor Co Triangle breaks down