Market trying to hang in there- but

The last couple of days have seen the market come off its highs and has come back to test the 20 day moving average. If it cannot hold here then the next support is on the 50 day moving average. I have shown a chart of the S&P-500    which shows the rally 2 days ago did not get back to the previous high set 5 days ago. I also note that the money stream got broken yesterday which is not a good sign. It is going to be interesting to see how the Fed can continue to keep this market propped up. The Japan and Indian market has fallen a lot over the last few weeks. I think it is only a matter of time before the rest of the world starts correcting . See chart on the S&P-500 below. More again on Sunday night