The U.S. stock market indexes have opened quietly this morning, gaining around 0.1%, as investors continue to hesitate after last-week’s run-up to new highs and subsequent Friday’s correction. The August durable goods orders came in weaker than expected and the New Home Sales number for the month of August came in as the market expected. The S&P 500 index remains near the level of 1,700, losing 0.1% right now. The S&P 500 futures contract trades near the support af around 1,690, marked by last week’s consolidation, as we can see on the 15-minute chart:

Still with no confirmed short-term downtrend reversal. The Nasdaq 100 futures contract (CFD) continues to fluctuate near its recent upward trend line, however, moving sideways and trying to break below the line. The nearest support is at around 3,200, and the resistance remains at 3,230-3,240, as the 15-minute chart shows:

Thank you,
Paul Rejczak