U.S. STOCK INDEXES December S&P 500 e-mini futures: Prices are higher in early U.S. trading. Bulls have the overall near-term technical advantage as the try to restart a price uptrend on the daily bar chart. The shorter-term moving averages (4-, 9- and 18-day) are bearish early today. The 4-day moving average is below the 9-day and 18-day. The 9-day is below the 18-day moving average. Short-term oscillators (RSI, slow stochastics) are neutral to bullish early today. Today, shorter-term technical resistance comes in at 3,425.00 and then at last week's high of 3,436.50. Buy stops likely reside just above those levels. Downside support for active traders today is seen at Monday's low of 3,336.25 and then at 3,300.00. Wyckoff's Intra-day Market Rating: 6.0 December Nasdaq index futures: Prices are higher in early U.S. trading. Bulls have the overall technical advantage and are trying to restart a price uptrend on the daily chart. Shorter-term moving averages (4- 9-and 18-day) are bearish early today. The 4-day moving average is below the 9-day and 18-day. The 9-day average is below the 18-day. Short-term oscillators (RSI, slow stochastics) are neutral to bullish early today. Shorter-term technical resistance is seen at 11,400.00 and then at 11,500.00. On the downside, shorter-term support is seen at the overnight low of 11,233.00 and then at Monday's low of 11,089.50. Wyckoff's Intra-Day Market Rating: 6.0. 
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