The U.S. stock market indexes currently lose between 0.1% and 0.4%, as investors continue to take profits following late November rally. The S&P 500 index trades slightly below the level of 1,800. For now, it only looks like a downward correction. The nearest important support is at 1,770-1,775. The S&P 500 futures contract (CFD) is in a two-session long downtrend, analogously descending below the level of 1,800. The nearest short-term support is at around 1,790-1,795, marked by recent consolidation, as we can see on the 15-minute chart:

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