The main U.S. stock market indexes are currently mixed, as investors hesitate following recent move up. However, both the blue-chip DJIA index and the broad market S&P 500 index have reached new intraday all-time highs. The S&P 500 futures contract (CFD) fluctuates around the level of 1,790. Potential resistance is at 1,800, and the nearest important support is at 1,775-1,780, marked by the recent low, as we can see on the 15-minute chart:

The technology sector Nasdaq 100 futures contract (CFD) remains near its recent high, as it slightly retreats from the area of 3,420. The nearest important support is at the psychological 3,400, as the 15-minute chart shows:

Despite being wrong recently, our intraday outlook remains bearish, and our short-term outlook is bearish:

Intraday outlook: bearish
Short-term outlook: bearish
Medium-term outlook: neutral
Long-term outlook: bullish

Thank you,
Paul Rejczak