SP500 11:07. The index can break on downside at any time or take out 2046

Day. If it still holds below the  top 2046 for one or two more days the 8 MA will get flat. Here it is holding the bottom up at 2038. The 2 MA is still up. A very delicate situation

2 hr. Here 8 MA is now flat. You see the rally up followed by a dip. The computers are taking out all long and short positions.

2 hr dot.

15 min