The main U.S. stock market indexes are currently up between 0.3% and 0.7% as investors hope that the Fed stimulus will continue. The S&P 500 index gets close to its all-time high, gaining 0.3%. The S&P 500 futures contract (CFD) tests the resistance at around 1,805-1,810, as we can see on the 15-minute chart:

The technology Nasdaq 100 futures contract (CFD) is relatively stronger, as it continues long-term uptrend, breaking above the level of 3,450. The support remains at around 3,435, as the 15-minute chart shows:

Our intraday outlook remains bearish, and our short-term outlook is bearish:

Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish

Thank you,
Paul Rejczak