S&P 500
1933.85
+29.84 +1.57%
Dow Indu
16569.82
+170.15 +1.04%
Nasdaq
4393.75
+77.68 +1.80%
Crude Oil
81.99
+0.08 +0.10%
Gold
1252.55
+5.19 +0.42%
Euro
1.27277
-0.00635 -0.50%
US Dollar
85.261
+0.244 +0.31%
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U.S. STOCK INDEXES

The December NASDAQ 100 was higher overnight as it extends the rebound off last Thursday's low. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 3934.26 would confirm that a short-term low has been posted. If December renews the decline off September's high, the 75% retracement level of the April-September-rally crossing at 3587.02 is the next downside target. First resistance is the 20-day moving average crossing at 3934.26. Second resistance is the reaction high crossing at 4047.75. First support is the 62% retracement level of the April-September-rally crossing at 3681.02. Second support is the 75% retracement level of the April-September-rally crossing at 3587.02.

The December S&P 500 was higher overnight as it extends the rebound off last Wednesday's low. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 1924.98 are needed to confirm that a short-term low has been posted. If December renews the decline off September's high, April's low crossing at 1796.80 is the next downside target. First resistance is the 20-day moving average crossing at 1924.98. Second resistance is the reaction high crossing at 1968.10. First support is last Wednesday's low crossing at 1814.00. Second support is April's low crossing at 1796.80.

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