SP500 cannot move on downside yet since the 2 hr trend is not ready with its 8 and 21 MA:s. They are still working to get up to the current trend and it will take a few more hours. This is the chart to follow right now.

SP500 day 09:24

SP500 2 hr 09:26. See the 8 MA has just reached the bars but not come to grips with it yet but soon will