S&P500 - 4 Consecutive negative closes

The S&P 500 has closed in the red for 4 consecutive days. In normal circumstances, this may have you wondering how much lower could prices go? Not in the last one year. The index has rallied 9% on average, after closing in the red for 4 consecutive days or more. More of the same? For now, support at 4450 and resistance at 4550, with a good chance it could overshoot in either direction.