S&P 500 Analysis after closing bell

• SPX Month chart shows possible reversal formation in the making. But things may change as there are 15 More days to go in the current month before the close. Month RSI is also moving below 70% line giving hope for bears. But this set up needs more confirmation bears need to wait.
• Weekly chart is testing 20 Week SMA. Weekly close below this line may strengthen bears further.
• Immediate support for bulls is the 38.2% Fib level shown in daily time frame.
• CRUDE OIL ICHIMOKU CLOUD ANALYSIS

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