The U.S. stock market indexes currently lose between 0.1% and 0.6%, as the market recovers from earlier lows. The S&P 500 index is down 0.2%, only 10 pts. below the psychological level of 1,700. On the other hand, the resistance remains at around 1,680, marked by the 50% retracement of the August-September rally at 1,678.67, amongst others. The S&P 500 futures contract (CFD) continues to fluctuate, following a break above the recent downward trend line. The nearest resistance is at 1,690, marked by the previous consolidation, and the support is at 1,665, marked by the early September consolidation, as we can see on the 15-minute chart:

The Nasdaq 100 futures contract (CFD) trades near its long-term high, as the technology stocks sector remains relatively very strong. The resistance is at around 2,350. The nearest important level of support is at 3,230-3,240, and the next support is at 3,200, as the 15-minute chart shows:

Thank you,
Paul Rejczak