NFTRH; S&P 500 Short-Term Status Updated

2 days ago we reviewed a 60 min. chart of the S&P 500, for a look at what could constitute a breakdown of the rally.  Here is the same chart updated.  SPX has eased down to the lower moving average and RSI has gone below 50.  This is not yet conclusive, but it is tentative.

s&p 500 60 min. chart