The main U.S. stock market indexes currently lose between 0.4% and 0.9%, as investors worry about the debt-crisis talks once again. The S&P 500 index is currently down 0.8%, moving back below the level of 1,700. The S&P 500 futures contract (CFD) is near its support at around 1,690. The market is in a short-term correction, as we can see on the 15-minute chart:

The Nasdaq 100 futures contract (CFD) is relatively stronger, as it is still near its long-term uptrend highs. The resistance is at 3,250-3,260. For now, it only looks like a short-term downward correction, as the 15-minute chart shows:

So, the remaining part of the day may bring some further stock market weakness. Hence, we change our intraday outlook, as well as our short-term outlook:

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

Thank you,
Paul Rejczak