S&P 500 Analysis after closing bell

• SPX Daily MACD has given a bullish cross. Recent signals of MACD in daily time frame has worked well.
• Today's up move was stopped by 50 Day SMA. For bulls need a close above this level for a bigger up move to happen.
• Weekly chart looks good for bulls as price managed to hold above the rising support line. Strength for the coming week above 1664-1669 levels. Bearish on falling below 1628 levels.