S&P 500 Analysis after closing bell

• SPX Weekly chart continues to look bearish as it extends the fall from 20 week SMA towards 50 Week SMA.
• Daily chart closed below 20 Day SMA. If the support levels shown in four hour charts does not hold it should hit 200 Day SMA tomorrow.
• One hour chart shows price below 20 and 200 Hour SMA which will favor bears.