The U.S. stock market indexes are currently mixed between -0.4% and +0.1%, extending their consolidation following yesterday’s rally. The S&P 500 index trades slightly below its November 29 all-time high of 1,813.55, as the resistance remains at 1,810-1,815. The S&P 500 futures contract (CFD) is in a short-term consolidation. The nearest resistance is at around 1,810, as we can see on the 15-minute chart:

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

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

Thank you,
Paul Rejczak